PPP Loan information for Niemela construction inc.

$250,015

Niemela construction inc. was initially approved for PPP Loan of amount $250,015, the current approved amount is $250,015. The loan was approved on 03/05/2021 by The Old National Bank reported 19 jobs and $250,015 was used to fund payroll.

Niemela construction inc. is Existing or more than 2 years old

PPP Loan Search / MN / Saint Michael / Niemela construction inc.

NIEMELA CONSTRUCTION INC.

Date Approved

03/05/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NIEMELA CONSTRUCTION INC.

Borrower Address

5765 Quam Ave NE

Borrower City

Saint Michael

Borrower State

MN

Borrower Zip

55376-9025

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250015.35

Current Approval Amount

250015.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Michael

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-9025

CD

MN-06

Jobs Reported

19

NAICS Code

238350

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

250015.35

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

250679.77

Forgiveness Date

06/15/2021

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