PPP Loan information for Drain pro-plumbing, inc.

$102,400

Drain pro-plumbing, inc. was initially approved for PPP Loan of amount $102,400, the current approved amount is $102,400. The loan was approved on 04/07/2020 by The Merchants Bank, National Association reported 9 jobs and $102,400 was used to fund payroll.

Drain pro-plumbing, inc. is Existing or more than 2 years old

PPP Loan Search / MN / LAKEVILLE / Drain pro-plumbing, inc.

DRAIN PRO-PLUMBING, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DRAIN PRO-PLUMBING, INC.

Borrower Address

8815 209th St W

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-6442

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102400.00

Current Approval Amount

102400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-6442

CD

MN-02

Jobs Reported

9

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

570.00

Payroll Proceed

95430.00

Mortgage Interest Proceed

0.00

Rent Proceed

6400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103150.93

Forgiveness Date

01/07/2021

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