PPP Loan information for Ben franklin

$20,616

Ben franklin was initially approved for PPP Loan of amount $20,616, the current approved amount is $20,616. The loan was approved on 04/10/2020 by The Community First Bank reported 10 jobs and $20,616 was used to fund payroll.

Ben franklin is New Business or 2 years or less

BEN FRANKLIN

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BEN FRANKLIN

Borrower Address

208 Main Ave South

Borrower City

PARK RAPIDS

Borrower State

MN

Borrower Zip

56470-1514

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20616.25

Current Approval Amount

20616.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38378

Servicing Lender Name

Community First Bank

Servicing Lender Address

21 Main St NE

Servicing Lender City

MENAHGA

Servicing Lender State

MN

Servicing Lender Zip

56464-2433

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PARK RAPIDS

Project County Name

HUBBARD

Project State

MN

Project Zip

56470-1514

CD

MN-07

Jobs Reported

10

NAICS Code

452990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20616.25

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

38378

Originating Lender

Community First Bank

Originating Lender City

MENAHGA

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20757.13

Forgiveness Date

12/17/2020

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