PPP Loan information for Richard balstad

$108,900

Richard balstad was initially approved for PPP Loan of amount $108,900, the current approved amount is $108,900. The loan was approved on 01/21/2021 by The Ultima Bank Minnesota reported 11 jobs and $108,900 was used to fund payroll.

Richard balstad is Existing or more than 2 years old

PPP Loan Search / MN / Fosston / Richard balstad

RICHARD BALSTAD

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RICHARD BALSTAD

Borrower Address

42354 320th Ave SE

Borrower City

Fosston

Borrower State

MN

Borrower Zip

56542-9207

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

108900.00

Current Approval Amount

108900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39047

Servicing Lender Name

Ultima Bank Minnesota

Servicing Lender Address

9 W Minnesota Ave

Servicing Lender City

WINGER

Servicing Lender State

MN

Servicing Lender Zip

56592

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fosston

Project County Name

POLK

Project State

MN

Project Zip

56542-9207

CD

MN-07

Jobs Reported

11

NAICS Code

112210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

108896.00

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

Sole Proprietorship

Originating Lender Location Id

39047

Originating Lender

Ultima Bank Minnesota

Originating Lender City

WINGER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109311.73

Forgiveness Date

06/15/2021

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