PPP Loan information for Minnesota utilities & excavating

$750,000

Minnesota utilities & excavating was initially approved for PPP Loan of amount $750,000, the current approved amount is $750,000. The loan was approved on 04/27/2020 by The Old National Bank reported 55 jobs and $750,000 was used to fund payroll.

Minnesota utilities & excavating is Existing or more than 2 years old

MINNESOTA UTILITIES & EXCAVATING

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA UTILITIES & EXCAVATING

Borrower Address

13932 LAKE DRIVE

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-8609

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

750000.00

Current Approval Amount

750000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-8609

CD

MN-06

Jobs Reported

55

NAICS Code

531120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

750000.00

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

Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

753719.18

Forgiveness Date

11/03/2020

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