PPP Loan information for Freeborn construction inc

$372,944

Freeborn construction inc was initially approved for PPP Loan of amount $372,944, the current approved amount is $372,944. The loan was approved on 01/22/2021 by The Arcadian Bank reported 13 jobs and $372,944 was used to fund payroll.

Freeborn construction inc is Existing or more than 2 years old

PPP Loan Search / MN / Albert Lea / Freeborn construction inc

FREEBORN CONSTRUCTION INC

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

FREEBORN CONSTRUCTION INC

Borrower Address

80275 County Road 46

Borrower City

Albert Lea

Borrower State

MN

Borrower Zip

56007-7084

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

372943.72

Current Approval Amount

372943.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38215

Servicing Lender Name

Arcadian Bank

Servicing Lender Address

601 N Broadway

Servicing Lender City

HARTLAND

Servicing Lender State

MN

Servicing Lender Zip

56042-9782

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albert Lea

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-7084

CD

MN-01

Jobs Reported

13

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

372939.72

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

38215

Originating Lender

Arcadian Bank

Originating Lender City

HARTLAND

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

375293.78

Forgiveness Date

09/17/2021

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