PPP Loan information for Hub city development corp

$53,300

Hub city development corp was initially approved for PPP Loan of amount $53,300, the current approved amount is $53,300. The loan was approved on 04/15/2020 by The Minnwest Bank reported 18 jobs and $53,300 was used to fund payroll.

Hub city development corp is Existing or more than 2 years old

HUB CITY DEVELOPMENT CORP

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HUB CITY DEVELOPMENT CORP

Borrower Address

2409 LINDEN AVE

Borrower City

SLAYTON

Borrower State

MN

Borrower Zip

56172-1399

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53300.00

Current Approval Amount

53300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SLAYTON

Project County Name

MURRAY

Project State

MN

Project Zip

56172-1399

CD

MN-07

Jobs Reported

18

NAICS Code

623312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53300.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

53665.07

Forgiveness Date

12/31/2020

;