PPP Loan information for Severson products company

$8,450

Severson products company was initially approved for PPP Loan of amount $8,450, the current approved amount is $8,450. The loan was approved on 07/29/2020 by The American National Bank of Minnesota reported 2 jobs and $8,450 was used to fund payroll.

Severson products company is Existing or more than 2 years old

SEVERSON PRODUCTS COMPANY

Date Approved

07/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SEVERSON PRODUCTS COMPANY

Borrower Address

4309 ACORN LN

Borrower City

PEQUOT LAKES

Borrower State

MN

Borrower Zip

56472-2697

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8450.00

Current Approval Amount

8450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117900

Servicing Lender Name

American National Bank of Minnesota

Servicing Lender Address

7638 Woida Rd

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-8730

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEQUOT LAKES

Project County Name

CROW WING

Project State

MN

Project Zip

56472-2697

CD

MN-08

Jobs Reported

2

NAICS Code

423220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

8450.00

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

Subchapter S Corporation

Originating Lender Location Id

117900

Originating Lender

American National Bank of Minnesota

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

8482.86

Forgiveness Date

12/22/2020

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