PPP Loan information for Doug's excavating inc.

$39,800

Doug's excavating inc. was initially approved for PPP Loan of amount $39,800, the current approved amount is $39,800. The loan was approved on 04/27/2020 by The Magnifi Financial CU reported 1 jobs and $39,800 was used to fund payroll.

Doug's excavating inc. is Existing or more than 2 years old

PPP Loan Search / MN / Long Prairie / Doug's excavating inc.

DOUG'S EXCAVATING INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DOUG'S EXCAVATING INC.

Borrower Address

15961 County 65

Borrower City

Long Prairie

Borrower State

MN

Borrower Zip

56347

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39800.00

Current Approval Amount

39800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Prairie

Project County Name

TODD

Project State

MN

Project Zip

56347-0001

CD

MN-07

Jobs Reported

1

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40187.10

Forgiveness Date

04/20/2021

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