PPP Loan information for Suburban acquisition corp

$83,828

Suburban acquisition corp was initially approved for PPP Loan of amount $83,828, the current approved amount is $83,828. The loan was approved on 02/27/2021 by The Old National Bank reported 7 jobs and $83,828 was used to fund payroll.

Suburban acquisition corp is Existing or more than 2 years old

SUBURBAN ACQUISITION CORP

Date Approved

02/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SUBURBAN ACQUISITION CORP

Borrower Address

2823 12th St E

Borrower City

Glencoe

Borrower State

MN

Borrower Zip

55336-3356

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83827.50

Current Approval Amount

83827.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glencoe

Project County Name

MCLEOD

Project State

MN

Project Zip

55336-3356

CD

MN-07

Jobs Reported

7

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

83826.50

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

84252.38

Forgiveness Date

09/14/2021

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