PPP Loan information for Phlag mechanical inc

$435,000

Phlag mechanical inc was initially approved for PPP Loan of amount $435,200, the current approved amount is $435,000. The loan was approved on 04/05/2020 by The Citizens Bank Minnesota reported 21 jobs and $435,000 was used to fund payroll.

Phlag mechanical inc is Existing or more than 2 years old

PHLAG MECHANICAL INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PHLAG MECHANICAL INC

Borrower Address

18 DREW AVE NE; PO Box 249

Borrower City

MADELIA

Borrower State

MN

Borrower Zip

56062-1906

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

435200.00

Current Approval Amount

435000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38679

Servicing Lender Name

Citizens Bank Minnesota

Servicing Lender Address

105 N Minnesota St

Servicing Lender City

NEW ULM

Servicing Lender State

MN

Servicing Lender Zip

56073-1729

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADELIA

Project County Name

WATONWAN

Project State

MN

Project Zip

56062-1906

CD

MN-01

Jobs Reported

21

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

435000.00

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

38679

Originating Lender

Citizens Bank Minnesota

Originating Lender City

NEW ULM

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

438032.92

Forgiveness Date

12/23/2020

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