PPP Loan information for Gerbracht logging, inc

$115,500

Gerbracht logging, inc was initially approved for PPP Loan of amount $115,500, the current approved amount is $115,500. The loan was approved on 04/27/2020 by The American Federal Bank reported 8 jobs and $115,500 was used to fund payroll.

Gerbracht logging, inc is Existing or more than 2 years old

PPP Loan Search / MN / BAGLEY / Gerbracht logging, inc

GERBRACHT LOGGING, INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GERBRACHT LOGGING, INC

Borrower Address

20405 340TH ST

Borrower City

BAGLEY

Borrower State

MN

Borrower Zip

56621-4120

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115500.00

Current Approval Amount

115500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81371

Servicing Lender Name

American Federal Bank

Servicing Lender Address

215 5th St N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4867

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAGLEY

Project County Name

CLEARWATER

Project State

MN

Project Zip

56621-4120

CD

MN-07

Jobs Reported

8

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

115500.00

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

81371

Originating Lender

American Federal Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

116587.62

Forgiveness Date

04/23/2021

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