PPP Loan information for Budget plumbing corp.

$1,305,300

Budget plumbing corp. was initially approved for PPP Loan of amount $1,305,300, the current approved amount is $1,305,300. The loan was approved on 04/28/2020 by The First Minnetonka City Bank reported 73 jobs and $1,305,300 was used to fund payroll.

Budget plumbing corp. is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Budget plumbing corp.

BUDGET PLUMBING CORP.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BUDGET PLUMBING CORP.

Borrower Address

855 HIGHWAY 169 N

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55441-6404

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1305300.00

Current Approval Amount

1305300.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55441-6404

CD

MN-03

Jobs Reported

73

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7206.00

Payroll Proceed

1005300.00

Mortgage Interest Proceed

0.00

Rent Proceed

76026.00

Refinance EIDL Proceed

0.00

Health Care Proceed

216768.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1313095.54

Forgiveness Date

12/02/2020

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