PPP Loan information for Fosstondq, inc.

$77,668

Fosstondq, inc. was initially approved for PPP Loan of amount $77,668, the current approved amount is $77,668. The loan was approved on 04/11/2020 by The The First National Bank of Bagley reported 27 jobs and $77,668 was used to fund payroll.

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

FOSSTONDQ, INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FOSSTONDQ, INC.

Borrower Address

401 1st St E

Borrower City

Fosston

Borrower State

MN

Borrower Zip

56542

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77667.50

Current Approval Amount

77667.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36624

Servicing Lender Name

The First National Bank of Bagley

Servicing Lender Address

31 Central St, East

Servicing Lender City

BAGLEY

Servicing Lender State

MN

Servicing Lender Zip

56621-8508

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fosston

Project County Name

POLK

Project State

MN

Project Zip

56542-0001

CD

MN-07

Jobs Reported

27

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3533.50

Payroll Proceed

62134.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36624

Originating Lender

The First National Bank of Bagley

Originating Lender City

BAGLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78364.35

Forgiveness Date

03/10/2021

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