PPP Loan information for Park rapids avionics, inc

$255,900

Park rapids avionics, inc was initially approved for PPP Loan of amount $255,900, the current approved amount is $255,900. The loan was approved on 04/10/2020 by The Northview Bank reported 21 jobs and $255,900 was used to fund payroll.

Park rapids avionics, inc is Existing or more than 2 years old

PARK RAPIDS AVIONICS, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PARK RAPIDS AVIONICS, INC

Borrower Address

301 AIRPORT RD

Borrower City

PARK RAPIDS

Borrower State

MN

Borrower Zip

56470-1812

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

255900.00

Current Approval Amount

255900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38085

Servicing Lender Name

Northview Bank

Servicing Lender Address

510 Main St

Servicing Lender City

SANDSTONE

Servicing Lender State

MN

Servicing Lender Zip

55072

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK RAPIDS

Project County Name

HUBBARD

Project State

MN

Project Zip

56470-1812

CD

MN-07

Jobs Reported

21

NAICS Code

488119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

255900.00

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

38085

Originating Lender

Northview Bank

Originating Lender City

SANDSTONE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

257295.18

Forgiveness Date

11/03/2020

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