PPP Loan information for Minncomm utility construction company

$85,465

Minncomm utility construction company was initially approved for PPP Loan of amount $85,465, the current approved amount is $85,465. The loan was approved on 04/09/2020 by The Neighborhood National Bank reported 16 jobs and $85,465 was used to fund payroll.

Minncomm utility construction company is Existing or more than 2 years old

PPP Loan Search / MN / MORA / Minncomm utility construction company

MINNCOMM UTILITY CONSTRUCTION COMPANY

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNCOMM UTILITY CONSTRUCTION COMPANY

Borrower Address

1949 SHADY ACRES LN

Borrower City

MORA

Borrower State

MN

Borrower Zip

55051-7712

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85465.00

Current Approval Amount

85465.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38639

Servicing Lender Name

Neighborhood National Bank

Servicing Lender Address

45 N Union St

Servicing Lender City

MORA

Servicing Lender State

MN

Servicing Lender Zip

55051-1327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORA

Project County Name

KANABEC

Project State

MN

Project Zip

55051-7712

CD

MN-08

Jobs Reported

16

NAICS Code

237130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8546.50

Payroll Proceed

68372.00

Mortgage Interest Proceed

0.00

Rent Proceed

8546.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38639

Originating Lender

Neighborhood National Bank

Originating Lender City

MORA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

86011.03

Forgiveness Date

12/02/2020

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