PPP Loan information for Bonchon mg inc

$65,117

Bonchon mg inc was initially approved for PPP Loan of amount $65,117, the current approved amount is $65,117. The loan was approved on 01/30/2021 by The Sterling State Bank reported 7 jobs and $65,117 was used to fund payroll.

Bonchon mg inc is Existing or more than 2 years old

PPP Loan Search / MN / Maple Grove / Bonchon mg inc

BONCHON MG INC

Date Approved

01/30/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BONCHON MG INC

Borrower Address

11708 Elm Creek Blvd N

Borrower City

Maple Grove

Borrower State

MN

Borrower Zip

55369-2232

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65117.00

Current Approval Amount

65117.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Maple Grove

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-2232

CD

MN-03

Jobs Reported

7

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

65115.00

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65694.01

Forgiveness Date

12/16/2021

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