PPP Loan information for Doug thorson sales co. inc.

$77,500

Doug thorson sales co. inc. was initially approved for PPP Loan of amount $77,500, the current approved amount is $77,500. The loan was approved on 01/16/2021 by The Midwest Bank reported 3 jobs and $77,500 was used to fund payroll.

Doug thorson sales co. inc. is Existing or more than 2 years old

PPP Loan Search / MN / Fergus Falls / Doug thorson sales co. inc.

DOUG THORSON SALES CO. INC.

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DOUG THORSON SALES CO. INC.

Borrower Address

105 E Lincoln Ave

Borrower City

Fergus Falls

Borrower State

MN

Borrower Zip

56537-2216

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77500.00

Current Approval Amount

77500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fergus Falls

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56537-2216

CD

MN-07

Jobs Reported

3

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

77497.00

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

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77935.27

Forgiveness Date

08/16/2021

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