PPP Loan information for Bridon industries inc

$172,000

Bridon industries inc was initially approved for PPP Loan of amount $172,000, the current approved amount is $172,000. The loan was approved on 04/09/2020 by The MidCountry Bank reported 11 jobs and $172,000 was used to fund payroll.

Bridon industries inc is Existing or more than 2 years old

BRIDON INDUSTRIES INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BRIDON INDUSTRIES INC

Borrower Address

1157 VALLEY PARK DR STE 125

Borrower City

SHAKOPEE

Borrower State

MN

Borrower Zip

55379-1884

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172000.00

Current Approval Amount

172000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-1884

CD

MN-02

Jobs Reported

11

NAICS Code

332912

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3333.00

Payroll Proceed

126173.00

Mortgage Interest Proceed

0.00

Rent Proceed

26394.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16100.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173333.59

Forgiveness Date

01/25/2021

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