PPP Loan information for 54 inc.

$153,424

54 inc. was initially approved for PPP Loan of amount $153,424, the current approved amount is $153,424. The loan was approved on 01/21/2021 by The Border Bank reported 33 jobs and $153,424 was used to fund payroll.

54 inc. is Existing or more than 2 years old

PPP Loan Search / MN / Elk River / 54 inc.

54 INC.

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

54 INC.

Borrower Address

19232 Evans St NW

Borrower City

Elk River

Borrower State

MN

Borrower Zip

55330-1076

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

153424.42

Current Approval Amount

153424.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52775

Servicing Lender Name

Border Bank

Servicing Lender Address

4530 17th Ave SW

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-8991

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elk River

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-1076

CD

MN-06

Jobs Reported

33

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

153422.42

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

52775

Originating Lender

Border Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154195.80

Forgiveness Date

07/27/2021

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