PPP Loan information for Frechette inc

$91,400

Frechette inc was initially approved for PPP Loan of amount $91,400, the current approved amount is $91,400. The loan was approved on 04/15/2020 by The Minnwest Bank reported 9 jobs and $91,400 was used to fund payroll.

Frechette inc is Existing or more than 2 years old

FRECHETTE INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FRECHETTE INC

Borrower Address

205 South Teal Street

Borrower City

JANESVILLE

Borrower State

MN

Borrower Zip

56048

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91400.00

Current Approval Amount

91400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JANESVILLE

Project County Name

WASECA

Project State

MN

Project Zip

56048-0001

CD

MN-01

Jobs Reported

9

NAICS Code

484220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

85400.00

Mortgage Interest Proceed

1000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

92080.42

Forgiveness Date

01/19/2021

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