PPP Loan information for Grimsrud publishing inc.

$49,689

Grimsrud publishing inc. was initially approved for PPP Loan of amount $49,689, the current approved amount is $49,689. The loan was approved on 03/04/2021 by The Frandsen Bank & Trust reported 8 jobs and $49,689 was used to fund payroll.

Grimsrud publishing inc. is Existing or more than 2 years old

PPP Loan Search / MN / Zumbrota / Grimsrud publishing inc.

GRIMSRUD PUBLISHING INC.

Date Approved

03/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GRIMSRUD PUBLISHING INC.

Borrower Address

225 S Main St Ste A

Borrower City

Zumbrota

Borrower State

MN

Borrower Zip

55992-1700

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49689.00

Current Approval Amount

49689.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Zumbrota

Project County Name

GOODHUE

Project State

MN

Project Zip

55992-1700

CD

MN-01

Jobs Reported

8

NAICS Code

511110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49685.00

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

Subchapter S Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49947.11

Forgiveness Date

09/15/2021

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