PPP Loan information for Frostlines power and automation, inc.

$42,697

Frostlines power and automation, inc. was initially approved for PPP Loan of amount $42,697, the current approved amount is $42,697. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 3 jobs and $42,697 was used to fund payroll.

Frostlines power and automation, inc. is Existing or more than 2 years old

FROSTLINES POWER AND AUTOMATION, INC.

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FROSTLINES POWER AND AUTOMATION, INC.

Borrower Address

7200 FRANCE AVE S

Borrower City

EDINA

Borrower State

MN

Borrower Zip

55435

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42697.00

Current Approval Amount

42697.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDINA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55435-0001

CD

MN-03

Jobs Reported

3

NAICS Code

423690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42697.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43093.13

Forgiveness Date

04/14/2021

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