PPP Loan information for Faulkner machine company, inc

$146,300

Faulkner machine company, inc was initially approved for PPP Loan of amount $146,300, the current approved amount is $146,300. The loan was approved on 04/04/2020 by The First Bank Elk River reported 13 jobs and $146,300 was used to fund payroll.

Faulkner machine company, inc is Existing or more than 2 years old

PPP Loan Search / MN / ZIMMERMAN / Faulkner machine company, inc

FAULKNER MACHINE COMPANY, INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FAULKNER MACHINE COMPANY, INC

Borrower Address

10271 245th AVE

Borrower City

ZIMMERMAN

Borrower State

MN

Borrower Zip

55398-8726

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146300.00

Current Approval Amount

146300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ZIMMERMAN

Project County Name

SHERBURNE

Project State

MN

Project Zip

55398-8726

CD

MN-06

Jobs Reported

13

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

146300.00

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

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

147511.04

Forgiveness Date

02/02/2021

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