PPP Loan information for Tom loucks and associates, inc.

$946,800

Tom loucks and associates, inc. was initially approved for PPP Loan of amount $946,800, the current approved amount is $946,800. The loan was approved on 04/13/2020 by The Alerus Financial, National Association reported 49 jobs and $946,800 was used to fund payroll.

Tom loucks and associates, inc. is Existing or more than 2 years old

TOM LOUCKS AND ASSOCIATES, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TOM LOUCKS AND ASSOCIATES, INC.

Borrower Address

7200 HEMLOCK LANE SUITE 300

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55369-5592

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

946800.00

Current Approval Amount

946800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-5592

CD

MN-03

Jobs Reported

49

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

236700.00

Payroll Proceed

710100.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

956452.10

Forgiveness Date

04/26/2021

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