PPP Loan information for Iker manufacturing

$78,000

Iker manufacturing was initially approved for PPP Loan of amount $78,000, the current approved amount is $78,000. The loan was approved on 01/29/2021 by The The Bank of Elk River reported 7 jobs and $78,000 was used to fund payroll.

Iker manufacturing is Existing or more than 2 years old

IKER MANUFACTURING

Date Approved

01/29/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

IKER MANUFACTURING

Borrower Address

5475 Quam Ave NE

Borrower City

Saint Michael

Borrower State

MN

Borrower Zip

55376-9024

Loan Status Date

09/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78000.00

Current Approval Amount

78000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Michael

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-9024

CD

MN-06

Jobs Reported

7

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78000.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78476.55

Forgiveness Date

09/22/2021

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