PPP Loan information for Anchor promotions, apparel, & signage

$20,833

Anchor promotions, apparel, & signage was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/28/2020 by The First Farmers & Merchants Bank reported 1 jobs and $20,833 was used to fund payroll.

Anchor promotions, apparel, & signage is Existing or more than 2 years old

ANCHOR PROMOTIONS, APPAREL, & SIGNAGE

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ANCHOR PROMOTIONS, APPAREL, & SIGNAGE

Borrower Address

1407 OLD WEST MAIN ST

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-2162

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-2162

CD

MN-01

Jobs Reported

1

NAICS Code

541870

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

15833.00

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

Sole Proprietorship

Originating Lender Location Id

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20962.05

Forgiveness Date

12/09/2020

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