PPP Loan information for Faribault transportation service, inc.

$275,500

Faribault transportation service, inc. was initially approved for PPP Loan of amount $275,500, the current approved amount is $275,500. The loan was approved on 04/03/2020 by The The State Bank of Faribault reported 90 jobs and $275,500 was used to fund payroll.

Faribault transportation service, inc. is Existing or more than 2 years old

PPP Loan Search / MN / FARIBAULT / Faribault transportation service, inc.

FARIBAULT TRANSPORTATION SERVICE, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FARIBAULT TRANSPORTATION SERVICE, INC.

Borrower Address

2615 1ST AVE

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-1914

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275500.00

Current Approval Amount

275500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-1914

CD

MN-01

Jobs Reported

90

NAICS Code

485410

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

275500.00

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

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

277107.08

Forgiveness Date

11/05/2020

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