PPP Loan information for Strom aviation, inc.

$7,593,464

Strom aviation, inc. was initially approved for PPP Loan of amount $7,593,464, the current approved amount is $7,593,464. The loan was approved on 04/27/2020 by The First Business Bank reported 500 jobs and $7,593,464 was used to fund payroll.

Strom aviation, inc. is Existing or more than 2 years old

STROM AVIATION, INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STROM AVIATION, INC.

Borrower Address

109 S. Elm Street

Borrower City

WACONIA

Borrower State

MN

Borrower Zip

55387

Loan Status Date

09/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7593464.00

Current Approval Amount

7593464.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76065

Servicing Lender Name

First Business Bank

Servicing Lender Address

401 Charmany Dr

Servicing Lender City

MADISON

Servicing Lender State

WI

Servicing Lender Zip

53719-1272

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WACONIA

Project County Name

CARVER

Project State

MN

Project Zip

55387-0001

CD

MN-06

Jobs Reported

500

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7593464.00

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

76065

Originating Lender

First Business Bank

Originating Lender City

MADISON

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4383529.66

Forgiveness Date

06/11/2021

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