PPP Loan information for Proag engineering inc.

$119,600

Proag engineering inc. was initially approved for PPP Loan of amount $119,600, the current approved amount is $119,600. The loan was approved on 04/04/2020 by The Bank Midwest reported 8 jobs and $119,600 was used to fund payroll.

Proag engineering inc. is Existing or more than 2 years old

PPP Loan Search / MN / JACKSON / Proag engineering inc.

PROAG ENGINEERING INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROAG ENGINEERING INC.

Borrower Address

77402 US HIGHWAY 71

Borrower City

JACKSON

Borrower State

MN

Borrower Zip

56143-3315

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119600.00

Current Approval Amount

119600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

JACKSON

Project State

MN

Project Zip

56143-3315

CD

MN-01

Jobs Reported

8

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119600.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120732.88

Forgiveness Date

03/25/2021

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