PPP Loan information for Safebasements of minnesota, inc.

$622,100

Safebasements of minnesota, inc. was initially approved for PPP Loan of amount $622,100, the current approved amount is $622,100. The loan was approved on 04/03/2020 by The Home State Bank reported 48 jobs and $622,100 was used to fund payroll.

Safebasements of minnesota, inc. is Existing or more than 2 years old

PPP Loan Search / MN / LITCHFIELD / Safebasements of minnesota, inc.

SAFEBASEMENTS OF MINNESOTA, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SAFEBASEMENTS OF MINNESOTA, INC.

Borrower Address

60335 US HIGHWAY 12

Borrower City

LITCHFIELD

Borrower State

MN

Borrower Zip

55355-5227

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

622100.00

Current Approval Amount

622100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38267

Servicing Lender Name

Home State Bank

Servicing Lender Address

1435 E Hwy 12

Servicing Lender City

LITCHFIELD

Servicing Lender State

MN

Servicing Lender Zip

55355-5328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITCHFIELD

Project County Name

MEEKER

Project State

MN

Project Zip

55355-5227

CD

MN-07

Jobs Reported

48

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

603100.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38267

Originating Lender

Home State Bank

Originating Lender City

LITCHFIELD

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

627024.96

Forgiveness Date

01/20/2021

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