PPP Loan information for Mel foster company, inc.

$889,000

Mel foster company, inc. was initially approved for PPP Loan of amount $889,000, the current approved amount is $889,000. The loan was approved on 04/10/2020 by The Old National Bank reported 44 jobs and $889,000 was used to fund payroll.

Mel foster company, inc. is Existing or more than 2 years old

PPP Loan Search / MN / HOPKINS / Mel foster company, inc.

MEL FOSTER COMPANY, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MEL FOSTER COMPANY, INC.

Borrower Address

5850 Opus Parkway, Suite 120

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55343-0016

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

889000.00

Current Approval Amount

889000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-0016

CD

MN-03

Jobs Reported

44

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

889000.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

895162.11

Forgiveness Date

12/31/2020

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