PPP Loan information for Tersteeg corporation

$102,400

Tersteeg corporation was initially approved for PPP Loan of amount $102,400, the current approved amount is $102,400. The loan was approved on 04/08/2020 by The FM Bank reported 31 jobs and $102,400 was used to fund payroll.

Tersteeg corporation is Existing or more than 2 years old

PPP Loan Search / MN / OLIVIA / Tersteeg corporation

TERSTEEG CORPORATION

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TERSTEEG CORPORATION

Borrower Address

1002 West LINCOLN AVE

Borrower City

OLIVIA

Borrower State

MN

Borrower Zip

56277-1251

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102400.00

Current Approval Amount

102400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38192

Servicing Lender Name

FM Bank

Servicing Lender Address

702 Prentice St

Servicing Lender City

GRANITE FALLS

Servicing Lender State

MN

Servicing Lender Zip

56241-1541

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLIVIA

Project County Name

RENVILLE

Project State

MN

Project Zip

56277-1251

CD

MN-07

Jobs Reported

31

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

102400.00

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

Subchapter S Corporation

Originating Lender Location Id

38192

Originating Lender

FM Bank

Originating Lender City

GRANITE FALLS

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102997.57

Forgiveness Date

11/17/2020

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