PPP Loan information for Faction marine, llc

$21,000

Faction marine, llc was initially approved for PPP Loan of amount $13,800, the current approved amount is $21,000. The loan was approved on 04/10/2020 by The Glenwood State Bank Incorporated reported 2 jobs and $21,000 was used to fund payroll.

Faction marine, llc is Existing or more than 2 years old

PPP Loan Search / MN / ALEXANDRIA / Faction marine, llc

FACTION MARINE, LLC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FACTION MARINE, LLC

Borrower Address

412 GENEVA RD

Borrower City

ALEXANDRIA

Borrower State

MN

Borrower Zip

56308-7900

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13800.00

Current Approval Amount

21000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38123

Servicing Lender Name

Glenwood State Bank Incorporated

Servicing Lender Address

5 E Minnesota Ave

Servicing Lender City

GLENWOOD

Servicing Lender State

MN

Servicing Lender Zip

56334-1625

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

DOUGLAS

Project State

MN

Project Zip

56308-7900

CD

MN-07

Jobs Reported

2

NAICS Code

441222

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

21000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38123

Originating Lender

Glenwood State Bank Incorporated

Originating Lender City

GLENWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21202.52

Forgiveness Date

04/08/2021

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