PPP Loan information for Southern minnesota woodcraft, inc.

$389,600

Southern minnesota woodcraft, inc. was initially approved for PPP Loan of amount $389,600, the current approved amount is $389,600. The loan was approved on 04/10/2020 by The The State Bank of Faribault reported 32 jobs and $389,600 was used to fund payroll.

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

PPP Loan Search / MN / FARIBAULT / Southern minnesota woodcraft, inc.

SOUTHERN MINNESOTA WOODCRAFT, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOUTHERN MINNESOTA WOODCRAFT, INC.

Borrower Address

2700 Airport Drive West

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-4799

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

389600.00

Current Approval Amount

389600.00

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

55021-4799

CD

MN-01

Jobs Reported

32

NAICS Code

321999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

389600.00

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

391863.47

Forgiveness Date

01/08/2021

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