PPP Loan information for Locators & supplies inc

$91,200

Locators & supplies inc was initially approved for PPP Loan of amount $91,200, the current approved amount is $91,200. The loan was approved on 04/05/2020 by The American Federal Bank reported 7 jobs and $91,200 was used to fund payroll.

Locators & supplies inc is Existing or more than 2 years old

LOCATORS & SUPPLIES INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LOCATORS & SUPPLIES INC

Borrower Address

1614 WEST FIR AVE

Borrower City

FERGUS FALLS

Borrower State

MN

Borrower Zip

56537-4315

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91200.00

Current Approval Amount

91200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81371

Servicing Lender Name

American Federal Bank

Servicing Lender Address

215 5th St N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4867

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FERGUS FALLS

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56537-4315

CD

MN-07

Jobs Reported

7

NAICS Code

424910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

22800.00

Payroll Proceed

68400.00

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

Corporation

Originating Lender Location Id

81371

Originating Lender

American Federal Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91944.80

Forgiveness Date

02/16/2021

;