PPP Loan information for Molstad excavating inc

$213,957

Molstad excavating inc was initially approved for PPP Loan of amount $213,957, the current approved amount is $213,957. The loan was approved on 01/28/2021 by The Bremer Bank, National Association reported 20 jobs and $213,957 was used to fund payroll.

Molstad excavating inc is Existing or more than 2 years old

MOLSTAD EXCAVATING INC

Date Approved

01/28/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

MOLSTAD EXCAVATING INC

Borrower Address

1575 N 73rd St

Borrower City

Grand Forks

Borrower State

ND

Borrower Zip

58203-8942

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

213957.00

Current Approval Amount

213957.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Forks

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58203-8942

CD

ND-

Jobs Reported

20

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

213954.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

216114.16

Forgiveness Date

02/07/2022

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