PPP Loan information for Strand ace hardware

$34,694

Strand ace hardware was initially approved for PPP Loan of amount $35,040, the current approved amount is $34,694. The loan was approved on 04/07/2020 by The Stearns Bank National Association reported 11 jobs and $34,694 was used to fund payroll.

Strand ace hardware is Existing or more than 2 years old

PPP Loan Search / MN / PELICAN RAPIDS / Strand ace hardware

STRAND ACE HARDWARE

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STRAND ACE HARDWARE

Borrower Address

36 N Broadway

Borrower City

PELICAN RAPIDS

Borrower State

MN

Borrower Zip

56572-4137

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35040.00

Current Approval Amount

34694.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELICAN RAPIDS

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56572-4137

CD

MN-07

Jobs Reported

11

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

28000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5694.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34987.71

Forgiveness Date

02/19/2021

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