PPP Loan information for Hy-tec construction of brainerd inc.

$892,625

Hy-tec construction of brainerd inc. was initially approved for PPP Loan of amount $892,625, the current approved amount is $892,625. The loan was approved on 04/07/2020 by The Deerwood Bank reported 80 jobs and $892,625 was used to fund payroll.

Hy-tec construction of brainerd inc. is Existing or more than 2 years old

HY-TEC CONSTRUCTION OF BRAINERD INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HY-TEC CONSTRUCTION OF BRAINERD INC.

Borrower Address

11360 BUSINESS 371

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-1779

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

892625.00

Current Approval Amount

892625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-1779

CD

MN-08

Jobs Reported

80

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

834125.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

58500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

899716.41

Forgiveness Date

01/20/2021

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