PPP Loan information for Srw products, inc

$632,600

Srw products, inc was initially approved for PPP Loan of amount $632,600, the current approved amount is $632,600. The loan was approved on 04/28/2020 by The Alerus Financial, National Association reported 53 jobs and $632,600 was used to fund payroll.

Srw products, inc is Existing or more than 2 years old

PPP Loan Search / MN / PRINCETON / Srw products, inc

SRW PRODUCTS, INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SRW PRODUCTS, INC

Borrower Address

32005 126th St.

Borrower City

PRINCETON

Borrower State

MN

Borrower Zip

55371-3332

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

632600.00

Current Approval Amount

632600.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

SHERBURNE

Project State

MN

Project Zip

55371-3332

CD

MN-06

Jobs Reported

53

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

158150.00

Payroll Proceed

474450.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

637467.51

Forgiveness Date

02/03/2021

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