PPP Loan information for Michael possin

$20,833

Michael possin was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/29/2021 by The State Bank of New Richland reported 1 jobs and $20,833 was used to fund payroll.

Michael possin is Existing or more than 2 years old

MICHAEL POSSIN

Date Approved

04/29/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MICHAEL POSSIN

Borrower Address

412 1st St SW

Borrower City

New Richland

Borrower State

MN

Borrower Zip

56072-1202

Loan Status Date

05/07/2022

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

38677

Servicing Lender Name

State Bank of New Richland

Servicing Lender Address

103 N Broadway Ave, North

Servicing Lender City

NEW RICHLAND

Servicing Lender State

MN

Servicing Lender Zip

56072

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Richland

Project County Name

WASECA

Project State

MN

Project Zip

56072-1202

CD

MN-01

Jobs Reported

1

NAICS Code

111199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20829.00

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

38677

Originating Lender

State Bank of New Richland

Originating Lender City

NEW RICHLAND

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21039.02

Forgiveness Date

04/28/2022

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