PPP Loan information for Nugent sealcoating inc

$157,800

Nugent sealcoating inc was initially approved for PPP Loan of amount $157,800, the current approved amount is $157,800. The loan was approved on 04/06/2020 by The Farmers & Merchants Savings Bank reported 20 jobs and $157,800 was used to fund payroll.

Nugent sealcoating inc is Existing or more than 2 years old

PPP Loan Search / MN / HUGO / Nugent sealcoating inc

NUGENT SEALCOATING INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NUGENT SEALCOATING INC

Borrower Address

15183 FREELAND AVE N

Borrower City

HUGO

Borrower State

MN

Borrower Zip

55038-8372

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157800.00

Current Approval Amount

157800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUGO

Project County Name

WASHINGTON

Project State

MN

Project Zip

55038-8372

CD

MN-08

Jobs Reported

20

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

157800.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

158681.05

Forgiveness Date

11/03/2020

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