PPP Loan information for Affordable equipment financing inc.

$5,000

Affordable equipment financing inc. was initially approved for PPP Loan of amount $5,000, the current approved amount is $5,000. The loan was approved on 03/12/2021 by The The Citizens National Bank of Park Rapids reported 1 jobs and $5,000 was used to fund payroll.

Affordable equipment financing inc. is Existing or more than 2 years old

PPP Loan Search / MN / Park Rapids / Affordable equipment financing inc.

AFFORDABLE EQUIPMENT FINANCING INC.

Date Approved

03/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AFFORDABLE EQUIPMENT FINANCING INC.

Borrower Address

11392 Far Portage Dr

Borrower City

Park Rapids

Borrower State

MN

Borrower Zip

56470-4502

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5000.00

Current Approval Amount

5000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38734

Servicing Lender Name

The Citizens National Bank of Park Rapids

Servicing Lender Address

300 W 1st St

Servicing Lender City

PARK RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

56470-1402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Park Rapids

Project County Name

HUBBARD

Project State

MN

Project Zip

56470-4502

CD

MN-07

Jobs Reported

1

NAICS Code

524298

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

4997.00

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

38734

Originating Lender

The Citizens National Bank of Park Rapids

Originating Lender City

PARK RAPIDS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5020.83

Forgiveness Date

08/16/2021

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