PPP Loan information for Flexseals, inc.

$550,398

Flexseals, inc. was initially approved for PPP Loan of amount $550,398, the current approved amount is $550,398. The loan was approved on 01/16/2021 by The Sherburne State Bank reported 49 jobs and $550,398 was used to fund payroll.

Flexseals, inc. is Existing or more than 2 years old

PPP Loan Search / MN / Albertville / Flexseals, inc.

FLEXSEALS, INC.

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

FLEXSEALS, INC.

Borrower Address

6551 Jansen Ave NE Ste 206

Borrower City

Albertville

Borrower State

MN

Borrower Zip

55301-4317

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

550397.50

Current Approval Amount

550397.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38878

Servicing Lender Name

Sherburne State Bank

Servicing Lender Address

12500 Sherburne Ave

Servicing Lender City

BECKER

Servicing Lender State

MN

Servicing Lender Zip

55308

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albertville

Project County Name

WRIGHT

Project State

MN

Project Zip

55301-4317

CD

MN-06

Jobs Reported

49

NAICS Code

326220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

550397.50

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

Subchapter S Corporation

Originating Lender Location Id

38878

Originating Lender

Sherburne State Bank

Originating Lender City

BECKER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

553745.75

Forgiveness Date

09/07/2021

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