PPP Loan information for Scott balstad

$65,000

Scott balstad was initially approved for PPP Loan of amount $65,000, the current approved amount is $65,000. The loan was approved on 01/21/2021 by The Ultima Bank Minnesota reported 4 jobs and $65,000 was used to fund payroll.

Scott balstad is Existing or more than 2 years old

SCOTT BALSTAD

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SCOTT BALSTAD

Borrower Address

33393 420th St SE

Borrower City

Fosston

Borrower State

MN

Borrower Zip

56542-9202

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65000.00

Current Approval Amount

65000.00

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

56542-9202

CD

MN-07

Jobs Reported

4

NAICS Code

111199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

64997.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

65245.75

Forgiveness Date

06/15/2021

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