PPP Loan information for Reed l. demmer

$25,577

Reed l. demmer was initially approved for PPP Loan of amount $25,577, the current approved amount is $25,577. The loan was approved on 06/30/2020 by The Produce State Bank reported 2 jobs and $25,577 was used to fund payroll.

Reed l. demmer is Existing or more than 2 years old

REED L. DEMMER

Date Approved

06/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

REED L. DEMMER

Borrower Address

27893 Bayview Dr.

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-5523

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25577.00

Current Approval Amount

25577.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38247

Servicing Lender Name

Produce State Bank

Servicing Lender Address

109 Park Ave

Servicing Lender City

HOLLANDALE

Servicing Lender State

MN

Servicing Lender Zip

56045-4429

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-5523

CD

MN-01

Jobs Reported

2

NAICS Code

111199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

21083.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4494.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

38247

Originating Lender

Produce State Bank

Originating Lender City

HOLLANDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

25763.40

Forgiveness Date

03/24/2021

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