PPP Loan information for Loeffel engstrand corp

$63,637

Loeffel engstrand corp was initially approved for PPP Loan of amount $63,637, the current approved amount is $63,637. The loan was approved on 05/01/2020 by The Metropolitan Economic Development Association reported 6 jobs and $63,637 was used to fund payroll.

Loeffel engstrand corp is Existing or more than 2 years old

PPP Loan Search / MN / Chanhassen / Loeffel engstrand corp

LOEFFEL ENGSTRAND CORP

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LOEFFEL ENGSTRAND CORP

Borrower Address

480 West 78th Street Suite 102

Borrower City

Chanhassen

Borrower State

MN

Borrower Zip

55317

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63636.70

Current Approval Amount

63636.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

489496

Servicing Lender Name

Metropolitan Economic Development Association

Servicing Lender Address

1256 Penn Avenue North Suite 4800

Servicing Lender City

Minneapolis

Servicing Lender State

MN

Servicing Lender Zip

55411

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chanhassen

Project County Name

CARVER

Project State

MN

Project Zip

55317-0001

CD

MN-06

Jobs Reported

6

NAICS Code

236210

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

63636.70

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

489496

Originating Lender

Metropolitan Economic Development Association

Originating Lender City

Minneapolis

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64438.70

Forgiveness Date

08/12/2021

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