PPP Loan information for Minnesota concrete products, inc.

$115,000

Minnesota concrete products, inc. was initially approved for PPP Loan of amount $115,000, the current approved amount is $115,000. The loan was approved on 04/06/2020 by The Deerwood Bank reported 7 jobs and $115,000 was used to fund payroll.

Minnesota concrete products, inc. is Existing or more than 2 years old

PPP Loan Search / MN / SAUK RAPIDS / Minnesota concrete products, inc.

MINNESOTA CONCRETE PRODUCTS, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA CONCRETE PRODUCTS, INC.

Borrower Address

6870 Hwy 10 NW

Borrower City

SAUK RAPIDS

Borrower State

MN

Borrower Zip

56379

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115000.00

Current Approval Amount

115000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUK RAPIDS

Project County Name

BENTON

Project State

MN

Project Zip

56379-0001

CD

MN-06

Jobs Reported

7

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

92000.00

Mortgage Interest Proceed

0.00

Rent Proceed

16500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

115645.28

Forgiveness Date

11/05/2020

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