PPP Loan information for Praire scale systems inc

$330,400

Praire scale systems inc was initially approved for PPP Loan of amount $330,400, the current approved amount is $330,400. The loan was approved on 04/10/2020 by The Alerus Financial, National Association reported 21 jobs and $330,400 was used to fund payroll.

Praire scale systems inc is Existing or more than 2 years old

PPP Loan Search / ND / HORACE / Praire scale systems inc

PRAIRE SCALE SYSTEMS INC

Date Approved

04/10/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

PRAIRE SCALE SYSTEMS INC

Borrower Address

7805 112TH Ave S

Borrower City

HORACE

Borrower State

ND

Borrower Zip

58047-9564

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

330400.00

Current Approval Amount

330400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HORACE

Project County Name

CASS

Project State

ND

Project Zip

58047-9564

CD

ND-

Jobs Reported

21

NAICS Code

488490

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

78500.00

Payroll Proceed

235600.00

Mortgage Interest Proceed

0.00

Rent Proceed

16300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

333226.76

Forgiveness Date

02/17/2021

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