PPP Loan information for Painters plus of detroit lakes inc

$51,600

Painters plus of detroit lakes inc was initially approved for PPP Loan of amount $51,600, the current approved amount is $51,600. The loan was approved on 04/06/2020 by The Midwest Bank reported 7 jobs and $51,600 was used to fund payroll.

Painters plus of detroit lakes inc is New Business or 2 years or less

PPP Loan Search / MN / DETROIT LAKES / Painters plus of detroit lakes inc

PAINTERS PLUS OF DETROIT LAKES INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PAINTERS PLUS OF DETROIT LAKES INC

Borrower Address

15555 HEILLE RIDGE LN

Borrower City

DETROIT LAKES

Borrower State

MN

Borrower Zip

56501-7169

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51600.00

Current Approval Amount

51600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DETROIT LAKES

Project County Name

BECKER

Project State

MN

Project Zip

56501-7169

CD

MN-07

Jobs Reported

7

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

51600.00

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

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51909.60

Forgiveness Date

11/20/2020

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