PPP Loan information for Broadband corp

$99,000

Broadband corp was initially approved for PPP Loan of amount $99,000, the current approved amount is $99,000. The loan was approved on 04/07/2020 by The First Minnetonka City Bank reported 8 jobs and $99,000 was used to fund payroll.

Broadband corp is Existing or more than 2 years old

PPP Loan Search / MN / HUTCHINSON / Broadband corp

BROADBAND CORP

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BROADBAND CORP

Borrower Address

585 Highway 7 W

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-1657

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99000.00

Current Approval Amount

99000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-1657

CD

MN-07

Jobs Reported

8

NAICS Code

517312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1174.00

Payroll Proceed

79250.00

Mortgage Interest Proceed

0.00

Rent Proceed

7200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11376.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99745.25

Forgiveness Date

01/07/2021

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