PPP Loan information for Shult automatics inc

$68,724

Shult automatics inc was initially approved for PPP Loan of amount $68,724, the current approved amount is $68,724. The loan was approved on 04/30/2020 by The Wells Fargo Bank, National Association reported 7 jobs and $68,724 was used to fund payroll.

Shult automatics inc is Existing or more than 2 years old

SHULT AUTOMATICS INC

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHULT AUTOMATICS INC

Borrower Address

9225 ISANTI ST NE 9225 ISANTI ST. NE

Borrower City

BLAINE

Borrower State

MN

Borrower Zip

55449

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68724.00

Current Approval Amount

68724.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLAINE

Project County Name

ANOKA

Project State

MN

Project Zip

55449-0001

CD

MN-06

Jobs Reported

7

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

68724.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

69334.04

Forgiveness Date

03/29/2021

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