PPP Loan information for Brainerd industrial center, llc

$88,500

Brainerd industrial center, llc was initially approved for PPP Loan of amount $88,500, the current approved amount is $88,500. The loan was approved on 04/06/2020 by The Mid Minnesota FCU reported 7 jobs and $88,500 was used to fund payroll.

Brainerd industrial center, llc is Existing or more than 2 years old

BRAINERD INDUSTRIAL CENTER, LLC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BRAINERD INDUSTRIAL CENTER, LLC

Borrower Address

1801 MILL AVE

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-2158

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88500.00

Current Approval Amount

88500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99592

Servicing Lender Name

Mid Minnesota FCU

Servicing Lender Address

13283 Isle Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-8554

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-2158

CD

MN-08

Jobs Reported

7

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22125.00

Payroll Proceed

66375.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

99592

Originating Lender

Mid Minnesota FCU

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89513.51

Forgiveness Date

06/02/2021

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