PPP Loan information for People's express inc.

$171,600

People's express inc. was initially approved for PPP Loan of amount $171,600, the current approved amount is $171,600. The loan was approved on 01/27/2021 by The Wadena State Bank reported 38 jobs and $171,600 was used to fund payroll.

People's express inc. is Existing or more than 2 years old

PPP Loan Search / MN / Wadena / People's express inc.

PEOPLE'S EXPRESS INC.

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PEOPLE'S EXPRESS INC.

Borrower Address

12180 US Highway 10

Borrower City

Wadena

Borrower State

MN

Borrower Zip

56482-3125

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

171600.00

Current Approval Amount

171600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38987

Servicing Lender Name

Wadena State Bank

Servicing Lender Address

304 1st St SE

Servicing Lender City

WADENA

Servicing Lender State

MN

Servicing Lender Zip

56482-1504

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wadena

Project County Name

WADENA

Project State

MN

Project Zip

56482-3125

CD

MN-07

Jobs Reported

38

NAICS Code

485320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

171598.00

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

Cooperative

Originating Lender Location Id

38987

Originating Lender

Wadena State Bank

Originating Lender City

WADENA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

172391.27

Forgiveness Date

07/21/2021

;