PPP Loan information for Safety signs inc

$2,174,200

Safety signs inc was initially approved for PPP Loan of amount $2,174,200, the current approved amount is $2,174,200. The loan was approved on 04/09/2020 by The Merchants Bank, National Association reported 95 jobs and $2,174,200 was used to fund payroll.

Safety signs inc is Existing or more than 2 years old

SAFETY SIGNS INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SAFETY SIGNS INC

Borrower Address

19784KENRICK AVE

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-7912

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2174200.00

Current Approval Amount

2174200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-7912

CD

MN-02

Jobs Reported

95

NAICS Code

532412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10950.00

Payroll Proceed

2150725.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6525.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2199505.27

Forgiveness Date

06/11/2021

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