PPP Loan information for C.g. industrial equipment, inc.

$55,218

C.g. industrial equipment, inc. was initially approved for PPP Loan of amount $55,218, the current approved amount is $55,218. The loan was approved on 04/29/2020 by The Frandsen Bank & Trust reported 6 jobs and $55,218 was used to fund payroll.

C.g. industrial equipment, inc. is Existing or more than 2 years old

PPP Loan Search / MN / NORTHFIELD / C.g. industrial equipment, inc.

C.G. INDUSTRIAL EQUIPMENT, INC.

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

C.G. INDUSTRIAL EQUIPMENT, INC.

Borrower Address

8455 135th Street E

Borrower City

NORTHFIELD

Borrower State

MN

Borrower Zip

55057

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55218.00

Current Approval Amount

55218.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHFIELD

Project County Name

RICE

Project State

MN

Project Zip

55057-0001

CD

MN-02

Jobs Reported

6

NAICS Code

331110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5521.80

Payroll Proceed

41413.50

Mortgage Interest Proceed

8282.70

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55829.18

Forgiveness Date

06/16/2021

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