PPP Loan information for Mesabi office equipment inc.

$49,200

Mesabi office equipment inc. was initially approved for PPP Loan of amount $49,200, the current approved amount is $49,200. The loan was approved on 02/03/2021 by The Park State Bank reported 4 jobs and $49,200 was used to fund payroll.

Mesabi office equipment inc. is Existing or more than 2 years old

MESABI OFFICE EQUIPMENT INC.

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MESABI OFFICE EQUIPMENT INC.

Borrower Address

1925 5th Ave E

Borrower City

Hibbing

Borrower State

MN

Borrower Zip

55746-1658

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49200.00

Current Approval Amount

49200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hibbing

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-1658

CD

MN-08

Jobs Reported

4

NAICS Code

532420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49196.00

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

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49461.50

Forgiveness Date

08/18/2021

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