PPP Loan information for Wadena asphalt inc.

$31,300

Wadena asphalt inc. was initially approved for PPP Loan of amount $31,300, the current approved amount is $31,300. The loan was approved on 04/28/2020 by The Wadena State Bank reported 3 jobs and $31,300 was used to fund payroll.

Wadena asphalt inc. is Existing or more than 2 years old

WADENA ASPHALT INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WADENA ASPHALT INC.

Borrower Address

1711 SOUTHBROOK DR

Borrower City

WADENA

Borrower State

MN

Borrower Zip

56482-2109

Loan Status Date

11/13/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31300.00

Current Approval Amount

31300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38987

Servicing Lender Name

Wadena State Bank

Servicing Lender Address

304 1st St SE

Servicing Lender City

WADENA

Servicing Lender State

MN

Servicing Lender Zip

56482-1504

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WADENA

Project County Name

WADENA

Project State

MN

Project Zip

56482-2109

CD

MN-07

Jobs Reported

3

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31300.00

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

38987

Originating Lender

Wadena State Bank

Originating Lender City

WADENA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31458.24

Forgiveness Date

11/02/2020

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