PPP Loan information for Michael elder

$9,717

Michael elder was initially approved for PPP Loan of amount $9,717, the current approved amount is $9,717. The loan was approved on 01/22/2021 by The Root River State Bank reported 1 jobs and $9,717 was used to fund payroll.

Michael elder is Existing or more than 2 years old

MICHAEL ELDER

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MICHAEL ELDER

Borrower Address

13 3rd St SE

Borrower City

Chatfield

Borrower State

MN

Borrower Zip

55923-1302

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

9717.00

Current Approval Amount

9717.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36727

Servicing Lender Name

Root River State Bank

Servicing Lender Address

18 SE 3rd St

Servicing Lender City

CHATFIELD

Servicing Lender State

MN

Servicing Lender Zip

55923-1309

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chatfield

Project County Name

FILLMORE

Project State

MN

Project Zip

55923-1302

CD

MN-01

Jobs Reported

1

NAICS Code

523120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

9714.00

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

Sole Proprietorship

Originating Lender Location Id

36727

Originating Lender

Root River State Bank

Originating Lender City

CHATFIELD

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

9754.00

Forgiveness Date

06/15/2021

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