PPP Loan information for Southern minnesota woodcraft, inc.

$364,030

Southern minnesota woodcraft, inc. was initially approved for PPP Loan of amount $364,030, the current approved amount is $364,030. The loan was approved on 01/16/2021 by The The State Bank of Faribault reported 31 jobs and $364,030 was used to fund payroll.

Southern minnesota woodcraft, inc. is Existing or more than 2 years old

SOUTHERN MINNESOTA WOODCRAFT, INC.

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SOUTHERN MINNESOTA WOODCRAFT, INC.

Borrower Address

2700 Airport Dr

Borrower City

Faribault

Borrower State

MN

Borrower Zip

55021-7766

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

364030.00

Current Approval Amount

364030.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Faribault

Project County Name

RICE

Project State

MN

Project Zip

55021-7766

CD

MN-01

Jobs Reported

31

NAICS Code

321999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

364028.00

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

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

366719.78

Forgiveness Date

10/19/2021

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