PPP Loan information for Falls industrial foam, llc

$137,000

Falls industrial foam, llc was initially approved for PPP Loan of amount $137,000, the current approved amount is $137,000. The loan was approved on 04/03/2020 by The Pine Country Bank reported 16 jobs and $137,000 was used to fund payroll.

Falls industrial foam, llc is Existing or more than 2 years old

FALLS INDUSTRIAL FOAM, LLC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FALLS INDUSTRIAL FOAM, LLC

Borrower Address

16731 Haven Road

Borrower City

LITTLE FALLS

Borrower State

MN

Borrower Zip

56345-6490

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137000.00

Current Approval Amount

137000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38806

Servicing Lender Name

Pine Country Bank

Servicing Lender Address

1201 First Ave Northeast

Servicing Lender City

LITTLE FALLS

Servicing Lender State

MN

Servicing Lender Zip

56345-3302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITTLE FALLS

Project County Name

MORRISON

Project State

MN

Project Zip

56345-6490

CD

MN-07

Jobs Reported

16

NAICS Code

423840

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

115000.00

Mortgage Interest Proceed

0.00

Rent Proceed

17000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38806

Originating Lender

Pine Country Bank

Originating Lender City

LITTLE FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138111.22

Forgiveness Date

01/28/2021

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