PPP Loan information for Petersons north branch mill inc

$340,441

Petersons north branch mill inc was initially approved for PPP Loan of amount $393,500, the current approved amount is $340,441. The loan was approved on 04/06/2020 by The Stearns Bank National Association reported 49 jobs and $340,441 was used to fund payroll.

Petersons north branch mill inc is Existing or more than 2 years old

PPP Loan Search / MN / NORTH BRANCH / Petersons north branch mill inc

PETERSONS NORTH BRANCH MILL INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PETERSONS NORTH BRANCH MILL INC

Borrower Address

PO Box 218

Borrower City

NORTH BRANCH

Borrower State

MN

Borrower Zip

55056

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

393500.00

Current Approval Amount

340441.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRANCH

Project County Name

CHISAGO

Project State

MN

Project Zip

55056-0001

CD

MN-08

Jobs Reported

49

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4036.00

Payroll Proceed

311405.00

Mortgage Interest Proceed

19000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

6000

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

342446.34

Forgiveness Date

11/19/2020

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