PPP Loan information for Musch construction, inc

$282,904

Musch construction, inc was initially approved for PPP Loan of amount $282,904, the current approved amount is $282,904. The loan was approved on 04/06/2020 by The First State Bank Southwest reported 33 jobs and $282,904 was used to fund payroll.

Musch construction, inc is Existing or more than 2 years old

MUSCH CONSTRUCTION, INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MUSCH CONSTRUCTION, INC

Borrower Address

1262 90TH AVE

Borrower City

PIPESTONE

Borrower State

MN

Borrower Zip

56164-3246

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

282904.00

Current Approval Amount

282904.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38811

Servicing Lender Name

First State Bank Southwest

Servicing Lender Address

202 8th Ave SE

Servicing Lender City

PIPESTONE

Servicing Lender State

MN

Servicing Lender Zip

56164-2140

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIPESTONE

Project County Name

PIPESTONE

Project State

MN

Project Zip

56164-3246

CD

MN-07

Jobs Reported

33

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

208914.00

Mortgage Interest Proceed

25000.00

Rent Proceed

28978.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5012.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38811

Originating Lender

First State Bank Southwest

Originating Lender City

PIPESTONE

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

285096.51

Forgiveness Date

01/20/2021

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