PPP Loan information for Falls building center, inc.

$40,300

Falls building center, inc. was initially approved for PPP Loan of amount $40,300, the current approved amount is $40,300. The loan was approved on 04/07/2020 by The Dakota Heritage Bank reported 4 jobs and $40,300 was used to fund payroll.

Falls building center, inc. is Existing or more than 2 years old

PPP Loan Search / MN / RED LAKE FALLS / Falls building center, inc.

FALLS BUILDING CENTER, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FALLS BUILDING CENTER, INC.

Borrower Address

907 Main Ave S

Borrower City

RED LAKE FALLS

Borrower State

MN

Borrower Zip

56750-9999

Loan Status Date

11/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40300.00

Current Approval Amount

40300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52856

Servicing Lender Name

Dakota Heritage Bank

Servicing Lender Address

109 Main St

Servicing Lender City

HUNTER

Servicing Lender State

ND

Servicing Lender Zip

58048

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED LAKE FALLS

Project County Name

RED LAKE

Project State

MN

Project Zip

56750-9999

CD

MN-07

Jobs Reported

4

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

600.00

Payroll Proceed

39700.00

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

52856

Originating Lender

Dakota Heritage Bank

Originating Lender City

HUNTER

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40517.51

Forgiveness Date

11/02/2020

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