PPP Loan information for Web construction company

$451,000

Web construction company was initially approved for PPP Loan of amount $451,000, the current approved amount is $451,000. The loan was approved on 04/06/2020 by The Community Bank Mankato reported 26 jobs and $451,000 was used to fund payroll.

Web construction company is Existing or more than 2 years old

WEB CONSTRUCTION COMPANY

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WEB CONSTRUCTION COMPANY

Borrower Address

300 SAINT ANDREWS DR, SUITE 200

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-7116

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

451000.00

Current Approval Amount

451000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38968

Servicing Lender Name

Community Bank Mankato

Servicing Lender Address

201 E Main St

Servicing Lender City

VERNON CENTER

Servicing Lender State

MN

Servicing Lender Zip

56090

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-7116

CD

MN-01

Jobs Reported

26

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

45100.00

Payroll Proceed

360800.00

Mortgage Interest Proceed

45100.00

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

38968

Originating Lender

Community Bank Mankato

Originating Lender City

VERNON CENTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

456199.03

Forgiveness Date

06/04/2021

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