PPP Loan information for Pepin manufacturing, inc

$585,600

Pepin manufacturing, inc was initially approved for PPP Loan of amount $585,600, the current approved amount is $585,600. The loan was approved on 04/09/2020 by The Alliance Bank reported 74 jobs and $585,600 was used to fund payroll.

Pepin manufacturing, inc is Existing or more than 2 years old

PPP Loan Search / MN / LAKE CITY / Pepin manufacturing, inc

PEPIN MANUFACTURING, INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PEPIN MANUFACTURING, INC

Borrower Address

1875 Hwy 61 S

Borrower City

LAKE CITY

Borrower State

MN

Borrower Zip

55041

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

585600.00

Current Approval Amount

585600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38294

Servicing Lender Name

Alliance Bank

Servicing Lender Address

105 E Lyon Ave

Servicing Lender City

LAKE CITY

Servicing Lender State

MN

Servicing Lender Zip

55041-1013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKE CITY

Project County Name

WABASHA

Project State

MN

Project Zip

55041-0001

CD

MN-01

Jobs Reported

74

NAICS Code

334510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

585600.00

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

Sole Proprietorship

Originating Lender Location Id

38294

Originating Lender

Alliance Bank

Originating Lender City

LAKE CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

589715.47

Forgiveness Date

12/31/2020

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