PPP Loan information for Innovative builders of alexandria, inc.

$508,300

Innovative builders of alexandria, inc. was initially approved for PPP Loan of amount $508,300, the current approved amount is $508,300. The loan was approved on 04/06/2020 by The Glenwood State Bank Incorporated reported 45 jobs and $508,300 was used to fund payroll.

Innovative builders of alexandria, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ALEXANDRIA / Innovative builders of alexandria, inc.

INNOVATIVE BUILDERS OF ALEXANDRIA, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INNOVATIVE BUILDERS OF ALEXANDRIA, INC.

Borrower Address

221 30th Ave W

Borrower City

ALEXANDRIA

Borrower State

MN

Borrower Zip

56308-3431

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

508300.00

Current Approval Amount

508300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38123

Servicing Lender Name

Glenwood State Bank Incorporated

Servicing Lender Address

5 E Minnesota Ave

Servicing Lender City

GLENWOOD

Servicing Lender State

MN

Servicing Lender Zip

56334-1625

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

DOUGLAS

Project State

MN

Project Zip

56308-3431

CD

MN-07

Jobs Reported

45

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

508300.00

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

38123

Originating Lender

Glenwood State Bank Incorporated

Originating Lender City

GLENWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

511113.06

Forgiveness Date

11/05/2020

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