PPP Loan information for Park rapids forest products inc

$46,500

Park rapids forest products inc was initially approved for PPP Loan of amount $38,000, the current approved amount is $46,500. The loan was approved on 04/04/2020 by The The Citizens National Bank of Park Rapids reported 9 jobs and $46,500 was used to fund payroll.

Park rapids forest products inc is Existing or more than 2 years old

PPP Loan Search / MN / PARK RAPIDS / Park rapids forest products inc

PARK RAPIDS FOREST PRODUCTS INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PARK RAPIDS FOREST PRODUCTS INC

Borrower Address

701 FAIR AVE

Borrower City

PARK RAPIDS

Borrower State

MN

Borrower Zip

56470-1588

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38000.00

Current Approval Amount

46500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38734

Servicing Lender Name

The Citizens National Bank of Park Rapids

Servicing Lender Address

300 W 1st St

Servicing Lender City

PARK RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

56470-1402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK RAPIDS

Project County Name

HUBBARD

Project State

MN

Project Zip

56470-1588

CD

MN-07

Jobs Reported

9

NAICS Code

424930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

46500.00

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

38734

Originating Lender

The Citizens National Bank of Park Rapids

Originating Lender City

PARK RAPIDS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44726.21

Forgiveness Date

10/15/2020

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