PPP Loan information for Ostvig tree inc

$306,800

Ostvig tree inc was initially approved for PPP Loan of amount $306,800, the current approved amount is $306,800. The loan was approved on 04/05/2020 by The CorTrust Bank National Association reported 21 jobs and $306,800 was used to fund payroll.

Ostvig tree inc is Existing or more than 2 years old

OSTVIG TREE INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OSTVIG TREE INC

Borrower Address

1161 E WAYZATA BLVD

Borrower City

WAYZATA

Borrower State

MN

Borrower Zip

55391-1935

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

306800.00

Current Approval Amount

306800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYZATA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55391-1935

CD

MN-03

Jobs Reported

21

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

306800.00

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

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

308548.34

Forgiveness Date

11/05/2020

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