PPP Loan information for Industrial builders, inc.

$3,793,600

Industrial builders, inc. was initially approved for PPP Loan of amount $3,793,600, the current approved amount is $3,793,600. The loan was approved on 04/05/2020 by The Alerus Financial, National Association reported 158 jobs and $3,793,600 was used to fund payroll.

Industrial builders, inc. is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / Industrial builders, inc.

INDUSTRIAL BUILDERS, INC.

Date Approved

04/05/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

INDUSTRIAL BUILDERS, INC.

Borrower Address

1307 County Rd 17 N.

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58104

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3793600.00

Current Approval Amount

3793600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58104-0001

CD

ND-

Jobs Reported

158

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

474200.00

Payroll Proceed

2845200.00

Mortgage Interest Proceed

0.00

Rent Proceed

474200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3484376.12

Forgiveness Date

06/11/2021

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