PPP Loan information for Gassen company inc.

$631,900

Gassen company inc. was initially approved for PPP Loan of amount $631,900, the current approved amount is $631,900. The loan was approved on 04/04/2020 by The First Resource Bank reported 45 jobs and $631,900 was used to fund payroll.

Gassen company inc. is Existing or more than 2 years old

PPP Loan Search / MN / EDEN PRAIRIE / Gassen company inc.

GASSEN COMPANY INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GASSEN COMPANY INC.

Borrower Address

6438 City West Parkway

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55344-3245

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

631900.00

Current Approval Amount

631900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDEN PRAIRIE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-3245

CD

MN-03

Jobs Reported

45

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

900.00

Payroll Proceed

580000.00

Mortgage Interest Proceed

44000.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

635760.65

Forgiveness Date

11/24/2020

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