PPP Loan information for R peter madel iii

$51,495

R peter madel iii was initially approved for PPP Loan of amount $52,060, the current approved amount is $51,495. The loan was approved on 04/07/2020 by The Home Federal Savings Bank reported 26 jobs and $51,495 was used to fund payroll.

R peter madel iii is Existing or more than 2 years old

R PETER MADEL III

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

R PETER MADEL III

Borrower Address

212 17th Avenue NE

Borrower City

WASECA

Borrower State

MN

Borrower Zip

56093-2753

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52060.00

Current Approval Amount

51495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASECA

Project County Name

WASECA

Project State

MN

Project Zip

56093-2753

CD

MN-01

Jobs Reported

26

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

51495.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

51958.45

Forgiveness Date

03/05/2021

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