PPP Loan information for Industrial finishing services, inc.

$964,000

Industrial finishing services, inc. was initially approved for PPP Loan of amount $964,000, the current approved amount is $964,000. The loan was approved on 04/04/2020 by The United Community Bank reported 93 jobs and $964,000 was used to fund payroll.

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

INDUSTRIAL FINISHING SERVICES, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INDUSTRIAL FINISHING SERVICES, INC.

Borrower Address

710 1st St NE

Borrower City

PERHAM

Borrower State

MN

Borrower Zip

56573-1502

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

964000.00

Current Approval Amount

964000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38738

Servicing Lender Name

United Community Bank

Servicing Lender Address

301 W Main St

Servicing Lender City

PERHAM

Servicing Lender State

MN

Servicing Lender Zip

56573-1455

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PERHAM

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56573-1502

CD

MN-07

Jobs Reported

93

NAICS Code

332812

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

964000.00

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

38738

Originating Lender

United Community Bank

Originating Lender City

PERHAM

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

959488.77

Forgiveness Date

11/12/2020

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