PPP Loan information for Professional turf inc

$351,250

Professional turf inc was initially approved for PPP Loan of amount $351,250, the current approved amount is $351,250. The loan was approved on 04/08/2020 by The New Market Bank reported 40 jobs and $351,250 was used to fund payroll.

Professional turf inc is Existing or more than 2 years old

PPP Loan Search / MN / LAKEVILLE / Professional turf inc

PROFESSIONAL TURF INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROFESSIONAL TURF INC

Borrower Address

7780 W. 215th St.

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-9107

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

351250.00

Current Approval Amount

351250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38673

Servicing Lender Name

New Market Bank

Servicing Lender Address

101 Old Town Rd

Servicing Lender City

ELKO NEW MARKET

Servicing Lender State

MN

Servicing Lender Zip

55054

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-9107

CD

MN-02

Jobs Reported

40

NAICS Code

541320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

351250.00

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

Corporation

Originating Lender Location Id

38673

Originating Lender

New Market Bank

Originating Lender City

ELKO NEW MARKET

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

353809.79

Forgiveness Date

01/11/2021

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