PPP Loan information for Tradition development corp.

$214,630

Tradition development corp. was initially approved for PPP Loan of amount $214,630, the current approved amount is $214,630. The loan was approved on 04/07/2020 by The Tradition Capital Bank reported 14 jobs and $214,630 was used to fund payroll.

Tradition development corp. is Existing or more than 2 years old

TRADITION DEVELOPMENT CORP.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TRADITION DEVELOPMENT CORP.

Borrower Address

16972 BRANDTJEN FARM DR

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-6047

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

214630.00

Current Approval Amount

214630.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434701

Servicing Lender Name

Tradition Capital Bank

Servicing Lender Address

100 West Lake St

Servicing Lender City

WAYZATA

Servicing Lender State

MN

Servicing Lender Zip

55391

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-6047

CD

MN-02

Jobs Reported

14

NAICS Code

237210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10731.00

Payroll Proceed

160973.00

Mortgage Interest Proceed

0.00

Rent Proceed

42926.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434701

Originating Lender

Tradition Capital Bank

Originating Lender City

WAYZATA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

216294.12

Forgiveness Date

01/20/2021

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