PPP Loan information for Rochester asphalt inc.

$223,897

Rochester asphalt inc. was initially approved for PPP Loan of amount $223,897, the current approved amount is $223,897. The loan was approved on 01/27/2021 by The Security Bank Minnesota reported 25 jobs and $223,897 was used to fund payroll.

Rochester asphalt inc. is Existing or more than 2 years old

ROCHESTER ASPHALT INC.

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ROCHESTER ASPHALT INC.

Borrower Address

2904 County Road 15 SW

Borrower City

Byron

Borrower State

MN

Borrower Zip

55920-6319

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

223897.10

Current Approval Amount

223897.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36585

Servicing Lender Name

Security Bank Minnesota

Servicing Lender Address

437 Bridge Ave

Servicing Lender City

Albert Lea

Servicing Lender State

MN

Servicing Lender Zip

56007-2954

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Byron

Project County Name

OLMSTED

Project State

MN

Project Zip

55920-6319

CD

MN-01

Jobs Reported

25

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

223892.10

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

36585

Originating Lender

Security Bank Minnesota

Originating Lender City

Albert Lea

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226403.50

Forgiveness Date

03/09/2022

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