PPP Loan information for Mound foods inc.

$431,405

Mound foods inc. was initially approved for PPP Loan of amount $431,405, the current approved amount is $431,405. The loan was approved on 04/14/2020 by The Tradition Capital Bank reported 68 jobs and $431,405 was used to fund payroll.

Mound foods inc. is Existing or more than 2 years old

PPP Loan Search / MN / MOUND / Mound foods inc.

MOUND FOODS INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MOUND FOODS INC.

Borrower Address

2131 COMMERCE BLVD

Borrower City

MOUND

Borrower State

MN

Borrower Zip

55364-1570

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

431405.00

Current Approval Amount

431405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434701

Servicing Lender Name

Tradition Capital Bank

Servicing Lender Address

100 West Lake St

Servicing Lender City

WAYZATA

Servicing Lender State

MN

Servicing Lender Zip

55391

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUND

Project County Name

HENNEPIN

Project State

MN

Project Zip

55364-1570

CD

MN-03

Jobs Reported

68

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21570.00

Payroll Proceed

323554.00

Mortgage Interest Proceed

0.00

Rent Proceed

86281.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434701

Originating Lender

Tradition Capital Bank

Originating Lender City

WAYZATA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

434631.67

Forgiveness Date

01/20/2021

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