PPP Loan information for Archambault brothers inc

$138,300

Archambault brothers inc was initially approved for PPP Loan of amount $138,300, the current approved amount is $138,300. The loan was approved on 04/03/2020 by The 1st United Bank reported 13 jobs and $138,300 was used to fund payroll.

Archambault brothers inc is Existing or more than 2 years old

PPP Loan Search / MN / FARIBAULT / Archambault brothers inc

ARCHAMBAULT BROTHERS INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ARCHAMBAULT BROTHERS INC

Borrower Address

221 22ND AVE SW

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-2323

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138300.00

Current Approval Amount

138300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88765

Servicing Lender Name

1st United Bank

Servicing Lender Address

430 NW Fourth St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-2323

CD

MN-01

Jobs Reported

13

NAICS Code

562111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

138300.00

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

Subchapter S Corporation

Originating Lender Location Id

88765

Originating Lender

1st United Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139391.03

Forgiveness Date

01/25/2021

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