PPP Loan information for Phone station inc

$86,792

Phone station inc was initially approved for PPP Loan of amount $86,792, the current approved amount is $86,792. The loan was approved on 02/27/2021 by The The State Bank of Faribault reported 8 jobs and $86,792 was used to fund payroll.

Phone station inc is Existing or more than 2 years old

PHONE STATION INC

Date Approved

02/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PHONE STATION INC

Borrower Address

24 2nd St NE

Borrower City

Faribault

Borrower State

MN

Borrower Zip

55021-5203

Loan Status Date

09/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86792.38

Current Approval Amount

86792.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Faribault

Project County Name

RICE

Project State

MN

Project Zip

55021-5203

CD

MN-01

Jobs Reported

8

NAICS Code

517312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

86790.38

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

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87235.99

Forgiveness Date

09/07/2021

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