PPP Loan information for Paisan incorporated

$131,400

Paisan incorporated was initially approved for PPP Loan of amount $131,400, the current approved amount is $131,400. The loan was approved on 04/06/2020 by The Community Resource Bank reported 31 jobs and $131,400 was used to fund payroll.

Paisan incorporated is Existing or more than 2 years old

PPP Loan Search / MN / RICHFIELD / Paisan incorporated

PAISAN INCORPORATED

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PAISAN INCORPORATED

Borrower Address

500 E. 78th St.

Borrower City

RICHFIELD

Borrower State

MN

Borrower Zip

55423-4316

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131400.00

Current Approval Amount

131400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38698

Servicing Lender Name

Community Resource Bank

Servicing Lender Address

1605 Heritage Dr

Servicing Lender City

NORTHFIELD

Servicing Lender State

MN

Servicing Lender Zip

55057-3265

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHFIELD

Project County Name

HENNEPIN

Project State

MN

Project Zip

55423-4316

CD

MN-05

Jobs Reported

31

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

131400.00

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

Corporation

Originating Lender Location Id

38698

Originating Lender

Community Resource Bank

Originating Lender City

NORTHFIELD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

132436.60

Forgiveness Date

02/16/2021

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