PPP Loan information for Minnesota cabinets

$79,540

Minnesota cabinets was initially approved for PPP Loan of amount $79,540, the current approved amount is $79,540. The loan was approved on 04/10/2020 by The First Independent Bank reported 8 jobs and $79,540 was used to fund payroll.

Minnesota cabinets is Existing or more than 2 years old

MINNESOTA CABINETS

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA CABINETS

Borrower Address

202 O'Connell Street South

Borrower City

MARSHALL

Borrower State

MN

Borrower Zip

56258

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79540.00

Current Approval Amount

79540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38814

Servicing Lender Name

First Independent Bank

Servicing Lender Address

300 Front St

Servicing Lender City

RUSSELL

Servicing Lender State

MN

Servicing Lender Zip

56169

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARSHALL

Project County Name

LYON

Project State

MN

Project Zip

56258-0001

CD

MN-07

Jobs Reported

8

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

540.00

Payroll Proceed

70000.00

Mortgage Interest Proceed

1400.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1600.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38814

Originating Lender

First Independent Bank

Originating Lender City

RUSSELL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

80238.18

Forgiveness Date

02/25/2021

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