PPP Loan information for Torgerson properties inc.

$963,900

Torgerson properties inc. was initially approved for PPP Loan of amount $963,900, the current approved amount is $963,900. The loan was approved on 02/13/2021 by The Citizens Alliance Bank reported 38 jobs and $963,900 was used to fund payroll.

Torgerson properties inc. is Existing or more than 2 years old

TORGERSON PROPERTIES INC.

Date Approved

02/13/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

TORGERSON PROPERTIES INC.

Borrower Address

103 15th Ave NW Ste 200

Borrower City

Willmar

Borrower State

MN

Borrower Zip

56201-2195

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

963900.00

Current Approval Amount

963900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36731

Servicing Lender Name

Citizens Alliance Bank

Servicing Lender Address

55 1st St NW

Servicing Lender City

CLARA CITY

Servicing Lender State

MN

Servicing Lender Zip

56222-1271

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Willmar

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56201-2195

CD

MN-07

Jobs Reported

38

NAICS Code

721110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

963894.00

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

36731

Originating Lender

Citizens Alliance Bank

Originating Lender City

CLARA CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

969789.03

Forgiveness Date

09/28/2021

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