PPP Loan information for Erdale inc.

$40,200

Erdale inc. was initially approved for PPP Loan of amount $40,200, the current approved amount is $40,200. The loan was approved on 04/06/2020 by The Star Bank reported 11 jobs and $40,200 was used to fund payroll.

Erdale inc. is Existing or more than 2 years old

ERDALE INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ERDALE INC.

Borrower Address

740 ELM ST E

Borrower City

ANNANDALE

Borrower State

MN

Borrower Zip

55302-1151

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40200.00

Current Approval Amount

40200.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

36651

Servicing Lender Name

Star Bank

Servicing Lender Address

100 State Hwy 55 E

Servicing Lender City

MAPLE LAKE

Servicing Lender State

MN

Servicing Lender Zip

55358-4596

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANNANDALE

Project County Name

WRIGHT

Project State

MN

Project Zip

55302-1151

CD

MN-06

Jobs Reported

11

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40200.00

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

36651

Originating Lender

Star Bank

Originating Lender City

MAPLE LAKE

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40607.58

Forgiveness Date

04/19/2021

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