PPP Loan information for Interstate packaging corporation

$885,274

Interstate packaging corporation was initially approved for PPP Loan of amount $940,700, the current approved amount is $885,274. The loan was approved on 04/06/2020 by The Home Federal Savings Bank reported 98 jobs and $885,274 was used to fund payroll.

Interstate packaging corporation is Existing or more than 2 years old

PPP Loan Search / MN / ALBERT LEA / Interstate packaging corporation

INTERSTATE PACKAGING CORPORATION

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INTERSTATE PACKAGING CORPORATION

Borrower Address

1851 MARGARETHA AVE

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-3271

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

940700.00

Current Approval Amount

885274.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-3271

CD

MN-01

Jobs Reported

98

NAICS Code

322211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

885274.00

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

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

890339.73

Forgiveness Date

11/03/2020

;