PPP Loan information for Bendtec inc

$1,940,717

Bendtec inc was initially approved for PPP Loan of amount $1,940,717, the current approved amount is $1,940,717. The loan was approved on 03/20/2021 by The North Shore Bank of Commerce reported 130 jobs and $1,940,717 was used to fund payroll.

Bendtec inc is Existing or more than 2 years old

BENDTEC INC

Date Approved

03/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BENDTEC INC

Borrower Address

366 Garfield Ave

Borrower City

Duluth

Borrower State

MN

Borrower Zip

55802-2628

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1940717.00

Current Approval Amount

1940717.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36809

Servicing Lender Name

North Shore Bank of Commerce

Servicing Lender Address

131 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55802-3026

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Duluth

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55802-2628

CD

MN-08

Jobs Reported

130

NAICS Code

332996

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1940716.00

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

Corporation

Originating Lender Location Id

36809

Originating Lender

North Shore Bank of Commerce

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1946539.15

Forgiveness Date

07/08/2021

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