PPP Loan information for Higgins heating air conditioning and refrigeration, inc

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HIGGINS HEATING AIR CONDITIONING AND REFRIGERATION, INC

Borrower Address

1632 BEMIDJI AVE N

Borrower City

BEMIDJI

Borrower State

MN

Borrower Zip

56601-3857

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127300.00

Current Approval Amount

115600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36647

Servicing Lender Name

Security Bank USA

Servicing Lender Address

1025 Paul Bunyan Dr NW

Servicing Lender City

BEMIDJI

Servicing Lender State

MN

Servicing Lender Zip

56601

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEMIDJI

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-3857

CD

MN-08

Jobs Reported

12

NAICS Code

238220

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2300.00

Payroll Proceed

102300.00

Mortgage Interest Proceed

11000.00

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

36647

Originating Lender

Security Bank USA

Originating Lender City

BEMIDJI

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

116271.12

Forgiveness Date

11/17/2020