PPP Loan information for Down rite boring, inc.

$51,700

Down rite boring, inc. was initially approved for PPP Loan of amount $51,700, the current approved amount is $51,700. The loan was approved on 05/06/2020 by The Frandsen Bank & Trust reported 4 jobs and $51,700 was used to fund payroll.

Down rite boring, inc. is Existing or more than 2 years old

PPP Loan Search / MN / FOLEY / Down rite boring, inc.

DOWN RITE BORING, INC.

Date Approved

05/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DOWN RITE BORING, INC.

Borrower Address

11736 95th Street NE

Borrower City

FOLEY

Borrower State

MN

Borrower Zip

56329

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51700.00

Current Approval Amount

51700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOLEY

Project County Name

BENTON

Project State

MN

Project Zip

56329-0001

CD

MN-06

Jobs Reported

4

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5170.00

Payroll Proceed

38775.00

Mortgage Interest Proceed

7755.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51970.54

Forgiveness Date

11/23/2020

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