PPP Loan information for Proline distributing inc.

$83,415

Proline distributing inc. was initially approved for PPP Loan of amount $83,415, the current approved amount is $83,415. The loan was approved on 01/26/2021 by The Home Federal Savings Bank reported 10 jobs and $83,415 was used to fund payroll.

Proline distributing inc. is Existing or more than 2 years old

PPP Loan Search / MN / Austin / Proline distributing inc.

PROLINE DISTRIBUTING INC.

Date Approved

01/26/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROLINE DISTRIBUTING INC.

Borrower Address

510 10th St NE

Borrower City

Austin

Borrower State

MN

Borrower Zip

55912-3756

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83415.00

Current Approval Amount

83415.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Austin

Project County Name

MOWER

Project State

MN

Project Zip

55912-3756

CD

MN-01

Jobs Reported

10

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

83414.00

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

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83700.00

Forgiveness Date

06/15/2021

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