PPP Loan information for Higley cabinets

$48,500

Higley cabinets was initially approved for PPP Loan of amount $48,500, the current approved amount is $48,500. The loan was approved on 04/04/2020 by The Farmers & Merchants Savings Bank reported 6 jobs and $48,500 was used to fund payroll.

Higley cabinets is Existing or more than 2 years old

HIGLEY CABINETS

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HIGLEY CABINETS

Borrower Address

39675 GRAND AVE

Borrower City

NORTH BRANCH

Borrower State

MN

Borrower Zip

55056-5067

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48500.00

Current Approval Amount

48500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRANCH

Project County Name

CHISAGO

Project State

MN

Project Zip

55056-5067

CD

MN-08

Jobs Reported

6

NAICS Code

337110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48500.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

48753.28

Forgiveness Date

10/20/2020

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