PPP Loan information for Summit excavating, inc.

$35,700

Summit excavating, inc. was initially approved for PPP Loan of amount $35,700, the current approved amount is $35,700. The loan was approved on 04/13/2020 by The Magnifi Financial CU reported 4 jobs and $35,700 was used to fund payroll.

Summit excavating, inc. is New Business or 2 years or less

PPP Loan Search / MN / WAITE PARK / Summit excavating, inc.

SUMMIT EXCAVATING, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SUMMIT EXCAVATING, INC.

Borrower Address

2311 12TH ST S

Borrower City

WAITE PARK

Borrower State

MN

Borrower Zip

56387-1960

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35700.00

Current Approval Amount

35700.00

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

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WAITE PARK

Project County Name

STEARNS

Project State

MN

Project Zip

56387-1960

CD

MN-06

Jobs Reported

4

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2624.00

Payroll Proceed

31576.00

Mortgage Interest Proceed

0.00

Rent Proceed

1500.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36163.61

Forgiveness Date

08/10/2021

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