PPP Loan information for Petersen small engine center, inc

$28,350

Petersen small engine center, inc was initially approved for PPP Loan of amount $28,350, the current approved amount is $28,350. The loan was approved on 04/10/2020 by The United Minnesota Bank reported 5 jobs and $28,350 was used to fund payroll.

Petersen small engine center, inc is New Business or 2 years or less

PPP Loan Search / MN / WILLMAR / Petersen small engine center, inc

PETERSEN SMALL ENGINE CENTER, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PETERSEN SMALL ENGINE CENTER, INC

Borrower Address

1101 EAST HWY 12

Borrower City

WILLMAR

Borrower State

MN

Borrower Zip

56201-3740

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28350.49

Current Approval Amount

28350.49

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38672

Servicing Lender Name

United Minnesota Bank

Servicing Lender Address

105 Central Ave, East

Servicing Lender City

NEW LONDON

Servicing Lender State

MN

Servicing Lender Zip

56273-8664

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WILLMAR

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56201-3740

CD

MN-07

Jobs Reported

5

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28350.49

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

38672

Originating Lender

United Minnesota Bank

Originating Lender City

NEW LONDON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

23467.89

Forgiveness Date

10/16/2020

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