PPP Loan information for Professional grain systems inc.

$37,900

Professional grain systems inc. was initially approved for PPP Loan of amount $37,900, the current approved amount is $37,900. The loan was approved on 04/14/2020 by The Minnwest Bank reported 6 jobs and $37,900 was used to fund payroll.

Professional grain systems inc. is Existing or more than 2 years old

PPP Loan Search / MN / MONTEVIDEO / Professional grain systems inc.

PROFESSIONAL GRAIN SYSTEMS INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROFESSIONAL GRAIN SYSTEMS INC.

Borrower Address

2607 E HIGHWAY 7

Borrower City

MONTEVIDEO

Borrower State

MN

Borrower Zip

56265-1739

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37900.00

Current Approval Amount

37900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTEVIDEO

Project County Name

CHIPPEWA

Project State

MN

Project Zip

56265-1739

CD

MN-07

Jobs Reported

6

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37900.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38240.58

Forgiveness Date

03/18/2021

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