PPP Loan information for Assurance mfg. co., inc.

$1,250,000

Assurance mfg. co., inc. was initially approved for PPP Loan of amount $1,469,817, the current approved amount is $1,250,000. The loan was approved on 04/10/2020 by The Frandsen Bank & Trust reported 88 jobs and $1,250,000 was used to fund payroll.

Assurance mfg. co., inc. is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Assurance mfg. co., inc.

ASSURANCE MFG. CO., INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ASSURANCE MFG. CO., INC.

Borrower Address

9010 EVERGREEN BLVD NW

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55433-5825

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1469817.00

Current Approval Amount

1250000.00

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

MINNEAPOLIS

Project County Name

ANOKA

Project State

MN

Project Zip

55433-5825

CD

MN-03

Jobs Reported

88

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

125000.00

Payroll Proceed

1000000.00

Mortgage Interest Proceed

125000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1257328.77

Forgiveness Date

11/23/2020

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