PPP Loan information for Homeco insulation inc

$739,287

Homeco insulation inc was initially approved for PPP Loan of amount $739,287, the current approved amount is $739,287. The loan was approved on 04/05/2020 by The North American Banking Company reported 35 jobs and $739,287 was used to fund payroll.

Homeco insulation inc is Existing or more than 2 years old

HOMECO INSULATION INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HOMECO INSULATION INC

Borrower Address

3102 103rd Lane NE

Borrower City

Blaine

Borrower State

MN

Borrower Zip

55449-4522

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

739287.00

Current Approval Amount

739287.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123131

Servicing Lender Name

North American Banking Company

Servicing Lender Address

2230 Albert St North

Servicing Lender City

ROSEVILLE

Servicing Lender State

MN

Servicing Lender Zip

55113-4206

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Blaine

Project County Name

ANOKA

Project State

MN

Project Zip

55449-4522

CD

MN-06

Jobs Reported

35

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

739287.00

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

123131

Originating Lender

North American Banking Company

Originating Lender City

ROSEVILLE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

733682.70

Forgiveness Date

11/23/2020

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