PPP Loan information for Par aide products co

$535,000

Par aide products co was initially approved for PPP Loan of amount $535,000, the current approved amount is $535,000. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 37 jobs and $535,000 was used to fund payroll.

Par aide products co is Existing or more than 2 years old

PPP Loan Search / MN / HUGO / Par aide products co

PAR AIDE PRODUCTS CO

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PAR AIDE PRODUCTS CO

Borrower Address

6800 Otter Lake Road

Borrower City

HUGO

Borrower State

MN

Borrower Zip

55038-4427

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

535000.00

Current Approval Amount

535000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUGO

Project County Name

ANOKA

Project State

MN

Project Zip

55038-4427

CD

MN-06

Jobs Reported

37

NAICS Code

339920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

133700.00

Payroll Proceed

401300.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

538314.03

Forgiveness Date

11/24/2020

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