PPP Loan information for Custom tube company

$111,833

Custom tube company was initially approved for PPP Loan of amount $111,833, the current approved amount is $111,833. The loan was approved on 04/28/2020 by The Drake Bank reported 13 jobs and $111,833 was used to fund payroll.

Custom tube company is Existing or more than 2 years old

CUSTOM TUBE COMPANY

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CUSTOM TUBE COMPANY

Borrower Address

6260 Claude Way E

Borrower City

INVER GROVE HEIGHTS

Borrower State

MN

Borrower Zip

55076

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111833.00

Current Approval Amount

111833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262368

Servicing Lender Name

Drake Bank

Servicing Lender Address

60 E Plato Blvd, Ste 100

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-1828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INVER GROVE HEIGHTS

Project County Name

DAKOTA

Project State

MN

Project Zip

55076-1100

CD

MN-02

Jobs Reported

13

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2721.00

Payroll Proceed

85186.00

Mortgage Interest Proceed

0.00

Rent Proceed

22190.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1736

Business Type

Corporation

Originating Lender Location Id

262368

Originating Lender

Drake Bank

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112407.70

Forgiveness Date

11/03/2020

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