PPP Loan information for Specialty products and technology, inc

$336,800

Specialty products and technology, inc was initially approved for PPP Loan of amount $336,800, the current approved amount is $336,800. The loan was approved on 04/10/2020 by The Alerus Financial, National Association reported 55 jobs and $336,800 was used to fund payroll.

Specialty products and technology, inc is Existing or more than 2 years old

PPP Loan Search / MN / EDEN PRAIRIE / Specialty products and technology, inc

SPECIALTY PRODUCTS AND TECHNOLOGY, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SPECIALTY PRODUCTS AND TECHNOLOGY, INC

Borrower Address

9531 W 78th St Ste 320

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55344-3807

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

336800.00

Current Approval Amount

336800.00

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

EDEN PRAIRIE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-3807

CD

MN-03

Jobs Reported

55

NAICS Code

311999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

84200.00

Payroll Proceed

252600.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

338895.64

Forgiveness Date

11/30/2020

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