PPP Loan information for Paynesville press inc

$69,131

Paynesville press inc was initially approved for PPP Loan of amount $69,131, the current approved amount is $69,131. The loan was approved on 02/26/2021 by The Magnifi Financial CU reported 17 jobs and $69,131 was used to fund payroll.

Paynesville press inc is Existing or more than 2 years old

PPP Loan Search / MN / Paynesville / Paynesville press inc

PAYNESVILLE PRESS INC

Date Approved

02/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PAYNESVILLE PRESS INC

Borrower Address

211 Washburne Ave

Borrower City

Paynesville

Borrower State

MN

Borrower Zip

56362-1642

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69131.00

Current Approval Amount

69131.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Paynesville

Project County Name

STEARNS

Project State

MN

Project Zip

56362-1642

CD

MN-07

Jobs Reported

17

NAICS Code

511110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69131.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69557.15

Forgiveness Date

10/20/2021

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