PPP Loan information for Michael h. gerken

$20,833

Michael h. gerken was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 03/28/2021 by The State Bank of Fairmont reported 1 jobs and $20,833 was used to fund payroll.

Michael h. gerken is Existing or more than 2 years old

MICHAEL H. GERKEN

Date Approved

03/28/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MICHAEL H. GERKEN

Borrower Address

2178 70th St

Borrower City

Fairmont

Borrower State

MN

Borrower Zip

56031-5088

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38050

Servicing Lender Name

State Bank of Fairmont

Servicing Lender Address

918 E Blue Earth Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

MN

Servicing Lender Zip

56031-4036

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairmont

Project County Name

MARTIN

Project State

MN

Project Zip

56031-5088

CD

MN-01

Jobs Reported

1

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20831.00

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

38050

Originating Lender

State Bank of Fairmont

Originating Lender City

FAIRMONT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20935.43

Forgiveness Date

09/27/2021

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