PPP Loan information for National recoveries inc

$2,000,000

National recoveries inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/17/2021 by The Village Bank reported 261 jobs and $2,000,000 was used to fund payroll.

National recoveries inc is Existing or more than 2 years old

PPP Loan Search / MN / Ham Lake / National recoveries inc

NATIONAL RECOVERIES INC

Date Approved

02/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NATIONAL RECOVERIES INC

Borrower Address

14735 Highway 65 NE

Borrower City

Ham Lake

Borrower State

MN

Borrower Zip

55304-6101

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118028

Servicing Lender Name

Village Bank

Servicing Lender Address

3350 Bridge St NW

Servicing Lender City

SAINT FRANCIS

Servicing Lender State

MN

Servicing Lender Zip

55070-9732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ham Lake

Project County Name

ANOKA

Project State

MN

Project Zip

55304-6101

CD

MN-06

Jobs Reported

261

NAICS Code

561440

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

118028

Originating Lender

Village Bank

Originating Lender City

SAINT FRANCIS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2016602.74

Forgiveness Date

12/23/2021

;