PPP Loan information for Grindstone construction services inc

$260,270

Grindstone construction services inc was initially approved for PPP Loan of amount $260,270, the current approved amount is $260,270. The loan was approved on 04/06/2020 by The Minnesota Lakes Bank reported 18 jobs and $260,270 was used to fund payroll.

Grindstone construction services inc is Existing or more than 2 years old

GRINDSTONE CONSTRUCTION SERVICES INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GRINDSTONE CONSTRUCTION SERVICES INC

Borrower Address

300 BRIGHTON AVE

Borrower City

BUFFALO

Borrower State

MN

Borrower Zip

55313-2303

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260270.00

Current Approval Amount

260270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36775

Servicing Lender Name

Minnesota Lakes Bank

Servicing Lender Address

710 Babcock Blvd East

Servicing Lender City

DELANO

Servicing Lender State

MN

Servicing Lender Zip

55328-8602

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO

Project County Name

WRIGHT

Project State

MN

Project Zip

55313-2303

CD

MN-06

Jobs Reported

18

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1811.00

Payroll Proceed

247825.00

Mortgage Interest Proceed

0.00

Rent Proceed

4800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3426.00

Debt Interest Proceed

2408

Business Type

Subchapter S Corporation

Originating Lender Location Id

36775

Originating Lender

Minnesota Lakes Bank

Originating Lender City

DELANO

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

211698.94

Forgiveness Date

04/15/2021

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