PPP Loan information for Startech computing, inc

$338,457

Startech computing, inc was initially approved for PPP Loan of amount $338,457, the current approved amount is $338,457. The loan was approved on 04/07/2020 by The First Farmers & Merchants Bank reported 26 jobs and $338,457 was used to fund payroll.

Startech computing, inc is Existing or more than 2 years old

PPP Loan Search / MN / HASTINGS / Startech computing, inc

STARTECH COMPUTING, INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STARTECH COMPUTING, INC

Borrower Address

999 Westview DR STE 6

Borrower City

HASTINGS

Borrower State

MN

Borrower Zip

55033-2432

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

338457.00

Current Approval Amount

338457.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-2432

CD

MN-02

Jobs Reported

26

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

84614.25

Payroll Proceed

253842.75

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

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

340337.32

Forgiveness Date

11/03/2020

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