PPP Loan information for Foam craft packaging inc

$343,792

Foam craft packaging inc was initially approved for PPP Loan of amount $343,792, the current approved amount is $343,792. The loan was approved on 04/07/2020 by The Home Federal Savings Bank reported 39 jobs and $343,792 was used to fund payroll.

Foam craft packaging inc is Existing or more than 2 years old

FOAM CRAFT PACKAGING INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FOAM CRAFT PACKAGING INC

Borrower Address

400 Alexander Drive SW

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-4724

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343792.00

Current Approval Amount

343792.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-4724

CD

MN-01

Jobs Reported

39

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

343792.00

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

Subchapter S Corporation

Originating Lender Location Id

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

345749.70

Forgiveness Date

11/05/2020

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