PPP Loan information for Preferred powder coating llc

$685,400

Preferred powder coating llc was initially approved for PPP Loan of amount $685,400, the current approved amount is $685,400. The loan was approved on 01/19/2021 by The First Bank Elk River reported 53 jobs and $685,400 was used to fund payroll.

Preferred powder coating llc is Existing or more than 2 years old

PPP Loan Search / MN / Elk River / Preferred powder coating llc

PREFERRED POWDER COATING LLC

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PREFERRED POWDER COATING LLC

Borrower Address

10846 170th Ave NW

Borrower City

Elk River

Borrower State

MN

Borrower Zip

55330-6337

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

685400.00

Current Approval Amount

685400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elk River

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-6337

CD

MN-06

Jobs Reported

53

NAICS Code

332812

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

685397.00

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

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

688065.44

Forgiveness Date

06/15/2021

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