PPP Loan information for M.r. paving and excavating, inc.

$1,138,500

M.r. paving and excavating, inc. was initially approved for PPP Loan of amount $1,138,500, the current approved amount is $1,138,500. The loan was approved on 04/13/2020 by The Frandsen Bank & Trust reported 89 jobs and $1,138,500 was used to fund payroll.

M.r. paving and excavating, inc. is Existing or more than 2 years old

PPP Loan Search / MN / NEW ULM / M.r. paving and excavating, inc.

M.R. PAVING AND EXCAVATING, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

M.R. PAVING AND EXCAVATING, INC.

Borrower Address

2020 North Spring St

Borrower City

NEW ULM

Borrower State

MN

Borrower Zip

56073-2277

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1138500.00

Current Approval Amount

1138500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

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

56073-2277

CD

MN-01

Jobs Reported

89

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

113850.00

Payroll Proceed

853875.00

Mortgage Interest Proceed

170775.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1149167.59

Forgiveness Date

03/31/2021

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