PPP Loan information for Galaxy precision inc

$351,400

Galaxy precision inc was initially approved for PPP Loan of amount $351,400, the current approved amount is $351,400. The loan was approved on 04/07/2020 by The Falcon National Bank reported 26 jobs and $351,400 was used to fund payroll.

Galaxy precision inc is Existing or more than 2 years old

GALAXY PRECISION INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GALAXY PRECISION INC

Borrower Address

37429 251ST AVE

Borrower City

ALBANY

Borrower State

MN

Borrower Zip

56307-9637

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

351400.00

Current Approval Amount

351400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

STEARNS

Project State

MN

Project Zip

56307-9637

CD

MN-07

Jobs Reported

26

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

351400.00

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

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

353874.24

Forgiveness Date

12/30/2020

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