PPP Loan information for Express services red wing, inc

$246,752

Express services red wing, inc was initially approved for PPP Loan of amount $246,752, the current approved amount is $246,752. The loan was approved on 04/10/2020 by The First Farmers & Merchants Bank reported 19 jobs and $246,752 was used to fund payroll.

Express services red wing, inc is Existing or more than 2 years old

EXPRESS SERVICES RED WING, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EXPRESS SERVICES RED WING, INC

Borrower Address

910 MAIN ST

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-2231

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246752.00

Current Approval Amount

246752.00

Undisbursed Amount

0.00

Franchise Name

Express Employment Professional

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-2231

CD

MN-01

Jobs Reported

19

NAICS Code

561311

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

59220.00

Payroll Proceed

187532.00

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

Corporation

Originating Lender Location Id

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

248821.98

Forgiveness Date

02/16/2021

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