PPP Loan information for The woodshop of avon inc

$368,000

The woodshop of avon inc was initially approved for PPP Loan of amount $368,000, the current approved amount is $368,000. The loan was approved on 04/14/2020 by The Stearns Bank National Association reported 28 jobs and $368,000 was used to fund payroll.

The woodshop of avon inc is Existing or more than 2 years old

THE WOODSHOP OF AVON INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE WOODSHOP OF AVON INC

Borrower Address

1452 Rail Road Avenue

Borrower City

ALBANY

Borrower State

MN

Borrower Zip

56307

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

368000.00

Current Approval Amount

368000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

STEARNS

Project State

MN

Project Zip

56307-0001

CD

MN-07

Jobs Reported

28

NAICS Code

337110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8500.00

Payroll Proceed

309103.00

Mortgage Interest Proceed

0.00

Rent Proceed

21756.00

Refinance EIDL Proceed

0.00

Health Care Proceed

28641.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

370591.12

Forgiveness Date

12/31/2020

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