PPP Loan information for Southwest labor inc

$259,700

Southwest labor inc was initially approved for PPP Loan of amount $259,700, the current approved amount is $259,700. The loan was approved on 05/04/2020 by The Alerus Financial, National Association reported 10 jobs and $259,700 was used to fund payroll.

Southwest labor inc is Existing or more than 2 years old

SOUTHWEST LABOR INC

Date Approved

05/04/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

SOUTHWEST LABOR INC

Borrower Address

2942 N GREENFIELD RD SUITE 115

Borrower City

MESA

Borrower State

AZ

Borrower Zip

85215-2428

Loan Status Date

06/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259700.00

Current Approval Amount

259700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MESA

Project County Name

MARICOPA

Project State

AZ

Project Zip

85215-2428

CD

AZ-04

Jobs Reported

10

NAICS Code

541214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32500.00

Payroll Proceed

194800.00

Mortgage Interest Proceed

0.00

Rent Proceed

32400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

264915.64

Forgiveness Date

05/09/2022

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