PPP Loan information for Thelens excavating inc.

$87,002

Thelens excavating inc. was initially approved for PPP Loan of amount $87,002, the current approved amount is $87,002. The loan was approved on 04/05/2020 by The Community First Bank reported 9 jobs and $87,002 was used to fund payroll.

Thelens excavating inc. is Existing or more than 2 years old

THELENS EXCAVATING INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THELENS EXCAVATING INC.

Borrower Address

32996 County Rd 135

Borrower City

PARK RAPIDS

Borrower State

MN

Borrower Zip

56470-3602

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87002.00

Current Approval Amount

87002.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38378

Servicing Lender Name

Community First Bank

Servicing Lender Address

21 Main St NE

Servicing Lender City

MENAHGA

Servicing Lender State

MN

Servicing Lender Zip

56464-2433

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK RAPIDS

Project County Name

HUBBARD

Project State

MN

Project Zip

56470-3602

CD

MN-07

Jobs Reported

9

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

77002.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38378

Originating Lender

Community First Bank

Originating Lender City

MENAHGA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78450.51

Forgiveness Date

11/09/2020

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