PPP Loan information for Hiawatha medical, inc.

$1,327,353

Hiawatha medical, inc. was initially approved for PPP Loan of amount $1,327,353, the current approved amount is $1,327,353. The loan was approved on 05/15/2020 by The First Farmers & Merchants Bank reported 161 jobs and $1,327,353 was used to fund payroll.

Hiawatha medical, inc. is Existing or more than 2 years old

HIAWATHA MEDICAL, INC.

Date Approved

05/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HIAWATHA MEDICAL, INC.

Borrower Address

4920 MOUNDVIEW DR

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-1100

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1327353.00

Current Approval Amount

1327353.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-1100

CD

MN-01

Jobs Reported

161

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

318564.00

Payroll Proceed

1008789.00

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

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1336238.89

Forgiveness Date

01/12/2021

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