PPP Loan information for Swantec, inc.

$76,700

Swantec, inc. was initially approved for PPP Loan of amount $104,900, the current approved amount is $76,700. The loan was approved on 04/11/2020 by The The Bank of Elk River reported 8 jobs and $76,700 was used to fund payroll.

Swantec, inc. is Existing or more than 2 years old

SWANTEC, INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SWANTEC, INC.

Borrower Address

31858 126TH ST

Borrower City

PRINCETON

Borrower State

MN

Borrower Zip

55371-4515

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104900.00

Current Approval Amount

76700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

SHERBURNE

Project State

MN

Project Zip

55371-4515

CD

MN-06

Jobs Reported

8

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

76700.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77477.51

Forgiveness Date

04/27/2021

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