PPP Loan information for Ellison machining&engineering

$97,467

Ellison machining&engineering was initially approved for PPP Loan of amount $97,467, the current approved amount is $97,467. The loan was approved on 04/15/2020 by The Farmers State Bank of Hamel reported 8 jobs and $97,467 was used to fund payroll.

Ellison machining&engineering is Existing or more than 2 years old

ELLISON MACHINING&ENGINEERING

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ELLISON MACHINING&ENGINEERING

Borrower Address

21849 INDUSTRIAL CT

Borrower City

ROGERS

Borrower State

MN

Borrower Zip

55374-9114

Loan Status Date

11/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97467.00

Current Approval Amount

97467.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38204

Servicing Lender Name

Farmers State Bank of Hamel

Servicing Lender Address

145 Hamel Rd

Servicing Lender City

HAMEL

Servicing Lender State

MN

Servicing Lender Zip

55340-9535

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROGERS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55374-9114

CD

MN-03

Jobs Reported

8

NAICS Code

332996

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97467.00

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

38204

Originating Lender

Farmers State Bank of Hamel

Originating Lender City

HAMEL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97963.68

Forgiveness Date

10/20/2020

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