PPP Loan information for Grouser products, inc.

$290,400

Grouser products, inc. was initially approved for PPP Loan of amount $290,400, the current approved amount is $290,400. The loan was approved on 04/10/2020 by The Alerus Financial, National Association reported 17 jobs and $290,400 was used to fund payroll.

Grouser products, inc. is Existing or more than 2 years old

PPP Loan Search / ND / WEST FARGO / Grouser products, inc.

GROUSER PRODUCTS, INC.

Date Approved

04/10/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

GROUSER PRODUCTS, INC.

Borrower Address

755 2ND AVE NW

Borrower City

WEST FARGO

Borrower State

ND

Borrower Zip

58078-1113

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290400.00

Current Approval Amount

290400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST FARGO

Project County Name

CASS

Project State

ND

Project Zip

58078-1113

CD

ND-

Jobs Reported

17

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

72600.00

Payroll Proceed

217800.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

292182.73

Forgiveness Date

11/23/2020

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