PPP Loan information for Doug's power equipment

$64,600

Doug's power equipment was initially approved for PPP Loan of amount $64,600, the current approved amount is $64,600. The loan was approved on 04/28/2020 by The Old National Bank reported 13 jobs and $64,600 was used to fund payroll.

Doug's power equipment is Existing or more than 2 years old

DOUG'S POWER EQUIPMENT

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DOUG'S POWER EQUIPMENT

Borrower Address

10130 DAVENPORT ST NE

Borrower City

BLAINE

Borrower State

MN

Borrower Zip

55449

Loan Status Date

01/15/2022

Loan Status

Charged Off

Term

3

SBA Guaranty Percentage

100

Initial Approval Amount

64600.00

Current Approval Amount

64600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLAINE

Project County Name

ANOKA

Project State

MN

Project Zip

55449-0001

CD

MN-06

Jobs Reported

13

NAICS Code

332216

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64600.00

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;