PPP Loan information for The license center inc

$40,152

The license center inc was initially approved for PPP Loan of amount $40,152, the current approved amount is $40,152. The loan was approved on 04/28/2020 by The First Farmers & Merchants Bank reported 7 jobs and $40,152 was used to fund payroll.

The license center inc is Existing or more than 2 years old

PPP Loan Search / MN / RED WING / The license center inc

THE LICENSE CENTER INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE LICENSE CENTER INC

Borrower Address

1506 OLD WEST MAIN ST

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-2163

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40152.00

Current Approval Amount

40152.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-2163

CD

MN-01

Jobs Reported

7

NAICS Code

926120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9636.00

Payroll Proceed

30516.00

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

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40427.49

Forgiveness Date

01/07/2021

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