PPP Loan information for Tofte, llc

$41,140

Tofte, llc was initially approved for PPP Loan of amount $41,140, the current approved amount is $41,140. The loan was approved on 04/07/2020 by The Farmers and Merchants State Bank of Appleton reported 5 jobs and $41,140 was used to fund payroll.

Tofte, llc is Existing or more than 2 years old

TOFTE, LLC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TOFTE, LLC

Borrower Address

225 1ST ST E

Borrower City

MADISON

Borrower State

MN

Borrower Zip

56256-1506

Loan Status Date

12/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41140.00

Current Approval Amount

41140.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36603

Servicing Lender Name

Farmers and Merchants State Bank of Appleton

Servicing Lender Address

239 N Miles St

Servicing Lender City

APPLETON

Servicing Lender State

MN

Servicing Lender Zip

56208-1318

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

LAC QUI PARLE

Project State

MN

Project Zip

56256-1506

CD

MN-07

Jobs Reported

5

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4114.00

Payroll Proceed

37026.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

36603

Originating Lender

Farmers and Merchants State Bank of Appleton

Originating Lender City

APPLETON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

36334.07

Forgiveness Date

10/30/2020

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