PPP Loan information for Geldner underground inc

$109,800

Geldner underground inc was initially approved for PPP Loan of amount $109,800, the current approved amount is $109,800. The loan was approved on 04/06/2020 by The HomeTown Bank reported 18 jobs and $109,800 was used to fund payroll.

Geldner underground inc is Existing or more than 2 years old

GELDNER UNDERGROUND INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GELDNER UNDERGROUND INC

Borrower Address

1132 RABBIT RD

Borrower City

SAINT PETER

Borrower State

MN

Borrower Zip

56082-4126

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109800.00

Current Approval Amount

109800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88597

Servicing Lender Name

HomeTown Bank

Servicing Lender Address

1000 E Cook St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1941

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT PETER

Project County Name

LE SUEUR

Project State

MN

Project Zip

56082-4126

CD

MN-02

Jobs Reported

18

NAICS Code

237130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

100000.00

Mortgage Interest Proceed

0.00

Rent Proceed

7300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

88597

Originating Lender

HomeTown Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110608.25

Forgiveness Date

01/07/2021

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