PPP Loan information for Narveson management inc.

$518,600

Narveson management inc. was initially approved for PPP Loan of amount $518,600, the current approved amount is $518,600. The loan was approved on 04/28/2020 by The Deerwood Bank reported 111 jobs and $518,600 was used to fund payroll.

Narveson management inc. is Existing or more than 2 years old

NARVESON MANAGEMENT INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NARVESON MANAGEMENT INC.

Borrower Address

PO Box 285

Borrower City

PEQUOT LAKES

Borrower State

MN

Borrower Zip

56472

Loan Status Date

04/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

518600.00

Current Approval Amount

518600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEQUOT LAKES

Project County Name

CROW WING

Project State

MN

Project Zip

56472-0001

CD

MN-08

Jobs Reported

111

NAICS Code

561110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19430.00

Payroll Proceed

469698.00

Mortgage Interest Proceed

9520.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19952.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

523152.16

Forgiveness Date

03/11/2021

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