PPP Loan information for Elk river composting inc.

$65,100

Elk river composting inc. was initially approved for PPP Loan of amount $65,100, the current approved amount is $65,100. The loan was approved on 04/28/2020 by The The Bank of Elk River reported 6 jobs and $65,100 was used to fund payroll.

Elk river composting inc. is Existing or more than 2 years old

ELK RIVER COMPOSTING INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ELK RIVER COMPOSTING INC.

Borrower Address

10928 305TH AVE

Borrower City

PRINCETON

Borrower State

MN

Borrower Zip

55371-3342

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65100.00

Current Approval Amount

65100.00

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

PRINCETON

Project County Name

SHERBURNE

Project State

MN

Project Zip

55371-3342

CD

MN-06

Jobs Reported

6

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65100.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65606.53

Forgiveness Date

02/09/2021

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