PPP Loan information for Michael borstad

$20,832

Michael borstad was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 03/26/2021 by The Prairie Sun Bank reported 1 jobs and $20,832 was used to fund payroll.

Michael borstad is Existing or more than 2 years old

MICHAEL BORSTAD

Date Approved

03/26/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MICHAEL BORSTAD

Borrower Address

3156 261st Ave

Borrower City

Madison

Borrower State

MN

Borrower Zip

56256

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38389

Servicing Lender Name

Prairie Sun Bank

Servicing Lender Address

240 2nd St

Servicing Lender City

MILAN

Servicing Lender State

MN

Servicing Lender Zip

56262-2416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

LAC QUI PARLE

Project State

MN

Project Zip

56256

CD

MN-07

Jobs Reported

1

NAICS Code

112111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20832.00

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

Sole Proprietorship

Originating Lender Location Id

38389

Originating Lender

Prairie Sun Bank

Originating Lender City

MILAN

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20900.49

Forgiveness Date

07/28/2021

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