PPP Loan information for Majestic custom construction inc

$125,400

Majestic custom construction inc was initially approved for PPP Loan of amount $125,400, the current approved amount is $125,400. The loan was approved on 04/14/2020 by The First Bank Elk River reported 10 jobs and $125,400 was used to fund payroll.

Majestic custom construction inc is Existing or more than 2 years old

PPP Loan Search / MN / ANOKA / Majestic custom construction inc

MAJESTIC CUSTOM CONSTRUCTION INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAJESTIC CUSTOM CONSTRUCTION INC

Borrower Address

8800 ROYAL CT

Borrower City

ANOKA

Borrower State

MN

Borrower Zip

55303-8028

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125400.00

Current Approval Amount

125400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANOKA

Project County Name

ANOKA

Project State

MN

Project Zip

55303-8028

CD

MN-06

Jobs Reported

10

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6270.00

Payroll Proceed

94050.00

Mortgage Interest Proceed

0.00

Rent Proceed

25080.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126472.87

Forgiveness Date

02/25/2021

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