PPP Loan information for Gandy company

$494,800

Gandy company was initially approved for PPP Loan of amount $399,200, the current approved amount is $494,800. The loan was approved on 04/08/2020 by The United Prairie Bank reported 49 jobs and $494,800 was used to fund payroll.

Gandy company is Existing or more than 2 years old

PPP Loan Search / MN / OWATONNA / Gandy company

GANDY COMPANY

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GANDY COMPANY

Borrower Address

815 RICE LAKE ST

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-3196

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

399200.00

Current Approval Amount

494800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38650

Servicing Lender Name

United Prairie Bank

Servicing Lender Address

1141 Third Ave

Servicing Lender City

MOUNTAIN LAKE

Servicing Lender State

MN

Servicing Lender Zip

56159-1594

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-3196

CD

MN-01

Jobs Reported

49

NAICS Code

333111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

494800.00

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

38650

Originating Lender

United Prairie Bank

Originating Lender City

MOUNTAIN LAKE

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

497945.03

Forgiveness Date

12/03/2020

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