PPP Loan information for Niemela design & construction, llc

$171,552

Niemela design & construction, llc was initially approved for PPP Loan of amount $171,552, the current approved amount is $171,552. The loan was approved on 04/09/2020 by The The First National Bank of Cokato reported 11 jobs and $171,552 was used to fund payroll.

Niemela design & construction, llc is Existing or more than 2 years old

NIEMELA DESIGN & CONSTRUCTION, LLC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NIEMELA DESIGN & CONSTRUCTION, LLC

Borrower Address

2566 Rockwood Ave. SW PO Box 387

Borrower City

COKATO

Borrower State

MN

Borrower Zip

55321-4531

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171552.00

Current Approval Amount

171552.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36741

Servicing Lender Name

The First National Bank of Cokato

Servicing Lender Address

365 Broadway Ave S

Servicing Lender City

COKATO

Servicing Lender State

MN

Servicing Lender Zip

55321-4292

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COKATO

Project County Name

WRIGHT

Project State

MN

Project Zip

55321-4531

CD

MN-06

Jobs Reported

11

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

171552.00

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

36741

Originating Lender

The First National Bank of Cokato

Originating Lender City

COKATO

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

172495.54

Forgiveness Date

11/05/2020

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