PPP Loan information for Foam industries, inc.

$276,341

Foam industries, inc. was initially approved for PPP Loan of amount $276,341, the current approved amount is $276,341. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 35 jobs and $276,341 was used to fund payroll.

Foam industries, inc. is Existing or more than 2 years old

FOAM INDUSTRIES, INC.

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FOAM INDUSTRIES, INC.

Borrower Address

12424 IRONWOOD CIR

Borrower City

ROGERS

Borrower State

MN

Borrower Zip

55374

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

276341.00

Current Approval Amount

276341.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROGERS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55374-0001

CD

MN-03

Jobs Reported

35

NAICS Code

424990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

276341.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

278981.59

Forgiveness Date

04/26/2021

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