PPP Loan information for Michael pedersen

$55,680

Michael pedersen was initially approved for PPP Loan of amount $55,680, the current approved amount is $55,680. The loan was approved on 04/13/2020 by The First Farmers & Merchants Bank reported 8 jobs and $55,680 was used to fund payroll.

Michael pedersen is Existing or more than 2 years old

PPP Loan Search / MN / CANNON FALLS / Michael pedersen

MICHAEL PEDERSEN

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MICHAEL PEDERSEN

Borrower Address

1415 HIGHWAY 20

Borrower City

CANNON FALLS

Borrower State

MN

Borrower Zip

55009-1175

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55680.00

Current Approval Amount

55680.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANNON FALLS

Project County Name

GOODHUE

Project State

MN

Project Zip

55009-1175

CD

MN-01

Jobs Reported

8

NAICS Code

541940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13363.00

Payroll Proceed

42317.00

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

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

56082.13

Forgiveness Date

01/07/2021

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