PPP Loan information for Waldoch crafts inc

$371,000

Waldoch crafts inc was initially approved for PPP Loan of amount $371,000, the current approved amount is $371,000. The loan was approved on 04/03/2020 by The Platinum Bank reported 33 jobs and $371,000 was used to fund payroll.

Waldoch crafts inc is Existing or more than 2 years old

WALDOCH CRAFTS INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WALDOCH CRAFTS INC

Borrower Address

13821 LAKE DR

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-9444

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

371000.00

Current Approval Amount

371000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

446001

Servicing Lender Name

Platinum Bank

Servicing Lender Address

7667 10th St N

Servicing Lender City

OAKDALE

Servicing Lender State

MN

Servicing Lender Zip

55128-5339

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

ANOKA

Project State

MN

Project Zip

55025-9444

CD

MN-06

Jobs Reported

33

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

371000.00

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

446001

Originating Lender

Platinum Bank

Originating Lender City

OAKDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

374181.45

Forgiveness Date

02/17/2021

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