PPP Loan information for F.i.p. inc

$84,815

F.i.p. inc was initially approved for PPP Loan of amount $84,815, the current approved amount is $84,815. The loan was approved on 04/27/2020 by The Deerwood Bank reported 8 jobs and $84,815 was used to fund payroll.

F.i.p. inc is Existing or more than 2 years old

PPP Loan Search / MN / BRAINERD / F.i.p. inc

F.I.P. INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

F.I.P. INC

Borrower Address

401 FRONT ST

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-3516

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84815.00

Current Approval Amount

84815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-3516

CD

MN-08

Jobs Reported

8

NAICS Code

323111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

2800.00

Payroll Proceed

66155.00

Mortgage Interest Proceed

600.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7130.00

Debt Interest Proceed

1130

Business Type

Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85396.93

Forgiveness Date

01/07/2021

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