PPP Loan information for Fraser steel company

$766,500

Fraser steel company was initially approved for PPP Loan of amount $766,500, the current approved amount is $766,500. The loan was approved on 02/12/2021 by The Alerus Financial, National Association reported 57 jobs and $766,500 was used to fund payroll.

Fraser steel company is Existing or more than 2 years old

PPP Loan Search / MN / Albertville / Fraser steel company

FRASER STEEL COMPANY

Date Approved

02/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

FRASER STEEL COMPANY

Borrower Address

11915 53rd St NE

Borrower City

Albertville

Borrower State

MN

Borrower Zip

55301-3964

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

766500.00

Current Approval Amount

766500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

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

55301-3964

CD

MN-06

Jobs Reported

57

NAICS Code

332996

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

766498.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

772844.92

Forgiveness Date

12/14/2021

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