PPP Loan information for Canvas craft, inc.

$239,300

Canvas craft, inc. was initially approved for PPP Loan of amount $239,300, the current approved amount is $239,300. The loan was approved on 04/06/2020 by The The Bank of Elk River reported 18 jobs and $239,300 was used to fund payroll.

Canvas craft, inc. is Existing or more than 2 years old

CANVAS CRAFT, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CANVAS CRAFT, INC.

Borrower Address

5781 QUEENS AVE NE

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-6457

Loan Status Date

06/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

239300.00

Current Approval Amount

239300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

WRIGHT

Project State

MN

Project Zip

55330-6457

CD

MN-06

Jobs Reported

18

NAICS Code

314910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

239300.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

242165.04

Forgiveness Date

06/22/2021

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