PPP Loan information for Gustafson mechanical inc.
$308,400
Gustafson mechanical inc. was initially approved for PPP Loan of amount $308,400, the current approved amount is $308,400. The loan was approved on 04/07/2020 by The Glenwood State Bank Incorporated reported 21 jobs and $308,400 was used to fund payroll.
Gustafson mechanical inc. is Existing or more than 2 years old
GUSTAFSON MECHANICAL INC.
Date Approved
04/07/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
GUSTAFSON MECHANICAL INC.
Borrower Address
810 NORTHSIDE DR NE
Borrower City
ALEXANDRIA
Borrower State
MN
Borrower Zip
56308-5040
Loan Status Date
03/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
308400.00
Current Approval Amount
308400.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38123
Servicing Lender Name
Glenwood State Bank Incorporated
Servicing Lender Address
5 E Minnesota Ave
Servicing Lender City
GLENWOOD
Servicing Lender State
MN
Servicing Lender Zip
56334-1625
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
ALEXANDRIA
Project County Name
DOUGLAS
Project State
MN
Project Zip
56308-5040
CD
MN-07
Jobs Reported
21
NAICS Code
238220
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
0.00
Payroll Proceed
308400.00
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
38123
Originating Lender
Glenwood State Bank Incorporated
Originating Lender City
GLENWOOD
Originating Lender State
MN
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
310850.30
Forgiveness Date
02/02/2021