PPP Loan information for George bougalis and sons co.

$1,575,375

George bougalis and sons co. was initially approved for PPP Loan of amount $1,575,375, the current approved amount is $1,575,375. The loan was approved on 01/23/2021 by The Security State Bank of Hibbing reported 55 jobs and $1,575,375 was used to fund payroll.

George bougalis and sons co. is Existing or more than 2 years old

GEORGE BOUGALIS AND SONS CO.

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GEORGE BOUGALIS AND SONS CO.

Borrower Address

3402 15th Ave E

Borrower City

Hibbing

Borrower State

MN

Borrower Zip

55746-5116

Loan Status Date

05/24/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1575375.00

Current Approval Amount

1575375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38238

Servicing Lender Name

Security State Bank of Hibbing

Servicing Lender Address

701 E Howard St

Servicing Lender City

HIBBING

Servicing Lender State

MN

Servicing Lender Zip

55746-1717

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hibbing

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-5116

CD

MN-08

Jobs Reported

55

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1575370.00

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

38238

Originating Lender

Security State Bank of Hibbing

Originating Lender City

HIBBING

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1588150.64

Forgiveness Date

11/19/2021

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