PPP Loan information for Arkouda industries inc.

$49,350

Arkouda industries inc. was initially approved for PPP Loan of amount $49,350, the current approved amount is $49,350. The loan was approved on 03/04/2021 by The Frandsen Bank & Trust reported 6 jobs and $49,350 was used to fund payroll.

Arkouda industries inc. is Existing or more than 2 years old

PPP Loan Search / MN / Northfield / Arkouda industries inc.

ARKOUDA INDUSTRIES INC.

Date Approved

03/04/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ARKOUDA INDUSTRIES INC.

Borrower Address

1275 Sheldahl Rd

Borrower City

Northfield

Borrower State

MN

Borrower Zip

55057-9449

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49350.00

Current Approval Amount

49350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northfield

Project County Name

DAKOTA

Project State

MN

Project Zip

55057-9449

CD

MN-02

Jobs Reported

6

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49350.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49529.82

Forgiveness Date

07/26/2021

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