PPP Loan information for Pellco machine, inc.

$417,780

Pellco machine, inc. was initially approved for PPP Loan of amount $417,780, the current approved amount is $417,780. The loan was approved on 04/15/2020 by The Community Development Bank, FSB reported 25 jobs and $417,780 was used to fund payroll.

Pellco machine, inc. is Existing or more than 2 years old

PELLCO MACHINE, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PELLCO MACHINE, INC.

Borrower Address

4185 MACKENZIE CT NE

Borrower City

SAINT MICHAEL

Borrower State

MN

Borrower Zip

55376-4568

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

417780.00

Current Approval Amount

417780.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38719

Servicing Lender Name

Community Development Bank, FSB

Servicing Lender Address

516 Main St

Servicing Lender City

OGEMA

Servicing Lender State

MN

Servicing Lender Zip

56569

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT MICHAEL

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-4568

CD

MN-06

Jobs Reported

25

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

41778.00

Payroll Proceed

334224.00

Mortgage Interest Proceed

41778.00

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

38719

Originating Lender

Community Development Bank, FSB

Originating Lender City

OGEMA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

420460.76

Forgiveness Date

12/10/2020

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