PPP Loan information for Karvonen & son inc

$202,500

Karvonen & son inc was initially approved for PPP Loan of amount $202,500, the current approved amount is $202,500. The loan was approved on 04/05/2020 by The Bremer Bank, National Association reported 21 jobs and $202,500 was used to fund payroll.

Karvonen & son inc is Existing or more than 2 years old

PPP Loan Search / MN / PERHAM / Karvonen & son inc

KARVONEN & SON INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KARVONEN & SON INC

Borrower Address

151 W Main Street

Borrower City

PERHAM

Borrower State

MN

Borrower Zip

56573-1432

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202500.00

Current Approval Amount

202500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

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

56573-1432

CD

MN-07

Jobs Reported

21

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

202500.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176239.89

Forgiveness Date

04/14/2022

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