PPP Loan information for Ed balster

$40,187

Ed balster was initially approved for PPP Loan of amount $40,187, the current approved amount is $40,187. The loan was approved on 03/06/2021 by The First Farmers & Merchants National Bank reported 3 jobs and $40,187 was used to fund payroll.

Ed balster is Existing or more than 2 years old

ED BALSTER

Date Approved

03/06/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ED BALSTER

Borrower Address

135 81st St

Borrower City

Pipestone

Borrower State

MN

Borrower Zip

56164-1597

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40187.00

Current Approval Amount

40187.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38337

Servicing Lender Name

First Farmers & Merchants National Bank

Servicing Lender Address

303 E Main St

Servicing Lender City

LUVERNE

Servicing Lender State

MN

Servicing Lender Zip

56156-1901

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pipestone

Project County Name

PIPESTONE

Project State

MN

Project Zip

56164-1597

CD

MN-07

Jobs Reported

3

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40183.00

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

Sole Proprietorship

Originating Lender Location Id

38337

Originating Lender

First Farmers & Merchants National Bank

Originating Lender City

LUVERNE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40402.45

Forgiveness Date

09/22/2021

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