PPP Loan information for Southern minnesota drilling inc

$69,000

Southern minnesota drilling inc was initially approved for PPP Loan of amount $69,000, the current approved amount is $69,000. The loan was approved on 04/28/2020 by The Profinium, Inc. reported 7 jobs and $69,000 was used to fund payroll.

Southern minnesota drilling inc is Existing or more than 2 years old

PPP Loan Search / MN / OWATONNA / Southern minnesota drilling inc

SOUTHERN MINNESOTA DRILLING INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOUTHERN MINNESOTA DRILLING INC

Borrower Address

1196 RIDGE RD

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-1913

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69000.00

Current Approval Amount

69000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38950

Servicing Lender Name

Profinium, Inc.

Servicing Lender Address

414 N Fifth Ave East

Servicing Lender City

TRUMAN

Servicing Lender State

MN

Servicing Lender Zip

56088

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-1913

CD

MN-01

Jobs Reported

7

NAICS Code

237110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69000.00

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

38950

Originating Lender

Profinium, Inc.

Originating Lender City

TRUMAN

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

69477.25

Forgiveness Date

01/11/2021

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