PPP Loan information for Phillips iron & metal inc.

$72,077

Phillips iron & metal inc. was initially approved for PPP Loan of amount $72,077, the current approved amount is $72,077. The loan was approved on 01/20/2021 by The Northern State Bank of Thief River Falls reported 8 jobs and $72,077 was used to fund payroll.

Phillips iron & metal inc. is Existing or more than 2 years old

PPP Loan Search / MN / Thief River Falls / Phillips iron & metal inc.

PHILLIPS IRON & METAL INC.

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PHILLIPS IRON & METAL INC.

Borrower Address

1107 Main Ave N

Borrower City

Thief River Falls

Borrower State

MN

Borrower Zip

56701-1143

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72077.00

Current Approval Amount

72077.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38937

Servicing Lender Name

Northern State Bank of Thief River Falls

Servicing Lender Address

201 E 3rd St

Servicing Lender City

THIEF RIVER FALLS

Servicing Lender State

MN

Servicing Lender Zip

56701-2007

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Thief River Falls

Project County Name

PENNINGTON

Project State

MN

Project Zip

56701-1143

CD

MN-07

Jobs Reported

8

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

72075.00

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

Subchapter S Corporation

Originating Lender Location Id

38937

Originating Lender

Northern State Bank of Thief River Falls

Originating Lender City

THIEF RIVER FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

72361.36

Forgiveness Date

06/15/2021

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