PPP Loan information for Implement sales co. inc.

$612,000

Implement sales co. inc. was initially approved for PPP Loan of amount $612,000, the current approved amount is $612,000. The loan was approved on 05/06/2020 by The Alerus Financial, National Association reported 44 jobs and $612,000 was used to fund payroll.

Implement sales co. inc. is Existing or more than 2 years old

PPP Loan Search / NE / BLAIR / Implement sales co. inc.

IMPLEMENT SALES CO. INC.

Date Approved

05/06/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

IMPLEMENT SALES CO. INC.

Borrower Address

190 E GRANT STREET

Borrower City

BLAIR

Borrower State

NE

Borrower Zip

68008-2520

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

612000.00

Current Approval Amount

612000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLAIR

Project County Name

WASHINGTON

Project State

NE

Project Zip

68008-2520

CD

NE-03

Jobs Reported

44

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

490000.00

Mortgage Interest Proceed

0.00

Rent Proceed

33000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

81000

Business Type

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

615179.00

Forgiveness Date

11/19/2020

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