PPP Loan information for Regional concrete cutting, inc

$175,500

Regional concrete cutting, inc was initially approved for PPP Loan of amount $175,500, the current approved amount is $175,500. The loan was approved on 04/09/2020 by The F & M Community Bank, National Association reported 10 jobs and $175,500 was used to fund payroll.

Regional concrete cutting, inc is Existing or more than 2 years old

REGIONAL CONCRETE CUTTING, INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

REGIONAL CONCRETE CUTTING, INC

Borrower Address

6799 10TH AVE SW Ste #3

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55902-2511

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175500.00

Current Approval Amount

175500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38766

Servicing Lender Name

F & M Community Bank, National Association

Servicing Lender Address

100 St. Anthony St, North

Servicing Lender City

PRESTON

Servicing Lender State

MN

Servicing Lender Zip

55965-1104

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55902-2511

CD

MN-01

Jobs Reported

10

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

150000.00

Mortgage Interest Proceed

0.00

Rent Proceed

23000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38766

Originating Lender

F & M Community Bank, National Association

Originating Lender City

PRESTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176851.11

Forgiveness Date

01/20/2021

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