PPP Loan information for Frommel, inc.

$77,700

Frommel, inc. was initially approved for PPP Loan of amount $77,700, the current approved amount is $77,700. The loan was approved on 04/08/2020 by The Minnwest Bank reported 28 jobs and $77,700 was used to fund payroll.

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

PPP Loan Search / MN / MONTEVIDEO / Frommel, inc.

FROMMEL, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FROMMEL, INC.

Borrower Address

311 STATE RD

Borrower City

MONTEVIDEO

Borrower State

MN

Borrower Zip

56265-2253

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77700.00

Current Approval Amount

77700.00

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

MONTEVIDEO

Project County Name

CHIPPEWA

Project State

MN

Project Zip

56265-2253

CD

MN-07

Jobs Reported

28

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

77700.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78417.39

Forgiveness Date

03/22/2021

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