PPP Loan information for St cloud transmission exchange

$11,988

St cloud transmission exchange was initially approved for PPP Loan of amount $11,988, the current approved amount is $11,988. The loan was approved on 04/21/2021 by The Magnifi Financial CU reported 4 jobs and $11,988 was used to fund payroll.

St cloud transmission exchange is Existing or more than 2 years old

ST CLOUD TRANSMISSION EXCHANGE

Date Approved

04/21/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ST CLOUD TRANSMISSION EXCHANGE

Borrower Address

124 33rd Ave S

Borrower City

Waite Park

Borrower State

MN

Borrower Zip

56387-4522

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11988.00

Current Approval Amount

11988.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waite Park

Project County Name

STEARNS

Project State

MN

Project Zip

56387-4522

CD

MN-06

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

11986.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12055.33

Forgiveness Date

11/19/2021

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