PPP Loan information for Swenson & sons construction, inc.

$58,055

Swenson & sons construction, inc. was initially approved for PPP Loan of amount $58,055, the current approved amount is $58,055. The loan was approved on 04/08/2020 by The United Minnesota Bank reported 9 jobs and $58,055 was used to fund payroll.

Swenson & sons construction, inc. is Existing or more than 2 years old

SWENSON & SONS CONSTRUCTION, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SWENSON & SONS CONSTRUCTION, INC.

Borrower Address

1792 165TH AVE NE

Borrower City

NEW LONDON

Borrower State

MN

Borrower Zip

56273-9529

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58054.52

Current Approval Amount

58054.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38672

Servicing Lender Name

United Minnesota Bank

Servicing Lender Address

105 Central Ave, East

Servicing Lender City

NEW LONDON

Servicing Lender State

MN

Servicing Lender Zip

56273-8664

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW LONDON

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56273-9529

CD

MN-07

Jobs Reported

9

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

58054.52

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

38672

Originating Lender

United Minnesota Bank

Originating Lender City

NEW LONDON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

58449.61

Forgiveness Date

12/17/2020

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