PPP Loan information for Scs elevator products, inc.

$766,200

Scs elevator products, inc. was initially approved for PPP Loan of amount $766,200, the current approved amount is $766,200. The loan was approved on 04/09/2020 by The Alerus Financial, National Association reported 80 jobs and $766,200 was used to fund payroll.

Scs elevator products, inc. is Existing or more than 2 years old

SCS ELEVATOR PRODUCTS, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCS ELEVATOR PRODUCTS, INC.

Borrower Address

310 Cannon River Ave N

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-1824

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

766200.00

Current Approval Amount

766200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-1824

CD

MN-01

Jobs Reported

80

NAICS Code

333921

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

191500.00

Payroll Proceed

574700.00

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

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

773585.32

Forgiveness Date

03/31/2021

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