PPP Loan information for Phelps enterprises, inc.

$157,900

Phelps enterprises, inc. was initially approved for PPP Loan of amount $157,900, the current approved amount is $157,900. The loan was approved on 04/28/2020 by The Bremer Bank, National Association reported 11 jobs and $157,900 was used to fund payroll.

Phelps enterprises, inc. is Existing or more than 2 years old

PHELPS ENTERPRISES, INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PHELPS ENTERPRISES, INC.

Borrower Address

406 Broadway St.

Borrower City

ALEXANDRIA

Borrower State

MN

Borrower Zip

56308

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157900.00

Current Approval Amount

157900.00

Undisbursed Amount

0.00

Franchise Name

Ace Hardware

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

DOUGLAS

Project State

MN

Project Zip

56308-0001

CD

MN-07

Jobs Reported

11

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

157900.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

159686.65

Forgiveness Date

06/17/2021

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