PPP Loan information for Tom's backhoe service, inc.

$272,000

Tom's backhoe service, inc. was initially approved for PPP Loan of amount $272,000, the current approved amount is $272,000. The loan was approved on 04/06/2020 by The First National Bank North reported 16 jobs and $272,000 was used to fund payroll.

Tom's backhoe service, inc. is Existing or more than 2 years old

PPP Loan Search / MN / BRAINERD / Tom's backhoe service, inc.

TOM'S BACKHOE SERVICE, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TOM'S BACKHOE SERVICE, INC.

Borrower Address

323 Woodland Hills Lane

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-6514

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

272000.00

Current Approval Amount

272000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38992

Servicing Lender Name

First National Bank North

Servicing Lender Address

600 Minnesota Ave West

Servicing Lender City

WALKER

Servicing Lender State

MN

Servicing Lender Zip

56484-2279

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-6514

CD

MN-08

Jobs Reported

16

NAICS Code

561730

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

272000.00

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

Subchapter S Corporation

Originating Lender Location Id

38992

Originating Lender

First National Bank North

Originating Lender City

WALKER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

274100.44

Forgiveness Date

01/20/2021

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