PPP Loan information for Gauthier industries inc

$743,600

Gauthier industries inc was initially approved for PPP Loan of amount $743,600, the current approved amount is $743,600. The loan was approved on 04/06/2020 by The Merchants Bank, National Association reported 62 jobs and $743,600 was used to fund payroll.

Gauthier industries inc is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Gauthier industries inc

GAUTHIER INDUSTRIES INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GAUTHIER INDUSTRIES INC

Borrower Address

3105 22ND ST NW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-8319

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

743600.00

Current Approval Amount

743600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-8319

CD

MN-01

Jobs Reported

62

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

34000.00

Payroll Proceed

661600.00

Mortgage Interest Proceed

0.00

Rent Proceed

48000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

749362.90

Forgiveness Date

01/20/2021

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