PPP Loan information for Preferred concrete construction

$535,555

Preferred concrete construction was initially approved for PPP Loan of amount $535,555, the current approved amount is $535,555. The loan was approved on 04/11/2020 by The Granite Bank reported 39 jobs and $535,555 was used to fund payroll.

Preferred concrete construction is Existing or more than 2 years old

PREFERRED CONCRETE CONSTRUCTION

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PREFERRED CONCRETE CONSTRUCTION

Borrower Address

16138 149TH ST SE

Borrower City

BIG LAKE

Borrower State

MN

Borrower Zip

55309-4603

Loan Status Date

07/31/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

535555.00

Current Approval Amount

535555.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36743

Servicing Lender Name

Granite Bank

Servicing Lender Address

202 2nd Ave S

Servicing Lender City

COLD SPRING

Servicing Lender State

MN

Servicing Lender Zip

56320

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIG LAKE

Project County Name

SHERBURNE

Project State

MN

Project Zip

55309-4603

CD

MN-06

Jobs Reported

39

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

535555.00

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

36743

Originating Lender

Granite Bank

Originating Lender City

COLD SPRING

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

540657.65

Forgiveness Date

03/29/2021

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