PPP Loan information for Felling trailers, inc.

$3,398,163

Felling trailers, inc. was initially approved for PPP Loan of amount $3,398,163, the current approved amount is $3,398,163. The loan was approved on 04/05/2020 by The First State Bank of Sauk Centre reported 250 jobs and $3,398,163 was used to fund payroll.

Felling trailers, inc. is Existing or more than 2 years old

FELLING TRAILERS, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FELLING TRAILERS, INC.

Borrower Address

1525 Main St S

Borrower City

SAUK CENTRE

Borrower State

MN

Borrower Zip

56378-2600

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3398163.45

Current Approval Amount

3398163.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38882

Servicing Lender Name

First State Bank of Sauk Centre

Servicing Lender Address

423 Main St

Servicing Lender City

SAUK CENTRE

Servicing Lender State

MN

Servicing Lender Zip

56378-1508

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUK CENTRE

Project County Name

STEARNS

Project State

MN

Project Zip

56378-2600

CD

MN-07

Jobs Reported

250

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

244121.19

Payroll Proceed

2718530.76

Mortgage Interest Proceed

0.00

Rent Proceed

391500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

44011.5

Business Type

Corporation

Originating Lender Location Id

38882

Originating Lender

First State Bank of Sauk Centre

Originating Lender City

SAUK CENTRE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3435165.67

Forgiveness Date

05/12/2021

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