PPP Loan information for Minnesota valley testing laboratories i

$1,791,400

Minnesota valley testing laboratories i was initially approved for PPP Loan of amount $1,485,000, the current approved amount is $1,791,400. The loan was approved on 04/07/2020 by The Americana Community Bank reported 180 jobs and $1,791,400 was used to fund payroll.

Minnesota valley testing laboratories i is Existing or more than 2 years old

PPP Loan Search / MN / NEW ULM / Minnesota valley testing laboratories i

MINNESOTA VALLEY TESTING LABORATORIES I

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA VALLEY TESTING LABORATORIES I

Borrower Address

1126 N Front Street

Borrower City

NEW ULM

Borrower State

MN

Borrower Zip

56073-1176

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1485000.00

Current Approval Amount

1791400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38900

Servicing Lender Name

Americana Community Bank

Servicing Lender Address

300 Main St W

Servicing Lender City

SLEEPY EYE

Servicing Lender State

MN

Servicing Lender Zip

56085-1332

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ULM

Project County Name

BROWN

Project State

MN

Project Zip

56073-1176

CD

MN-01

Jobs Reported

180

NAICS Code

541380

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

71656.00

Payroll Proceed

1433120.00

Mortgage Interest Proceed

71656.00

Rent Proceed

71656.00

Refinance EIDL Proceed

0.00

Health Care Proceed

71656.00

Debt Interest Proceed

71656

Business Type

Corporation

Originating Lender Location Id

38900

Originating Lender

Americana Community Bank

Originating Lender City

SLEEPY EYE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1802894.82

Forgiveness Date

11/27/2020

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