PPP Loan information for Professional grain systems inc

$43,982

Professional grain systems inc was initially approved for PPP Loan of amount $43,982, the current approved amount is $43,982. The loan was approved on 02/13/2021 by The Minnwest Bank reported 6 jobs and $43,982 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

02/13/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PROFESSIONAL GRAIN SYSTEMS INC

Borrower Address

6009 Rolling Hills Dr SW

Borrower City

Montevideo

Borrower State

MN

Borrower Zip

56265-3255

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43982.25

Current Approval Amount

43982.25

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

Y

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

56265-3255

CD

MN-07

Jobs Reported

6

NAICS Code

238290

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

43980.25

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

44193.12

Forgiveness Date

08/11/2021

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