PPP Loan information for Seed incorporated

$246,700

Seed incorporated was initially approved for PPP Loan of amount $246,700, the current approved amount is $246,700. The loan was approved on 04/07/2020 by The FM Bank reported 29 jobs and $246,700 was used to fund payroll.

Seed incorporated is Existing or more than 2 years old

PPP Loan Search / MN / MAPLE GROVE / Seed incorporated

SEED INCORPORATED

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SEED INCORPORATED

Borrower Address

6310 VINEWOOD LN N

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55311-3639

Loan Status Date

11/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246700.00

Current Approval Amount

246700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38192

Servicing Lender Name

FM Bank

Servicing Lender Address

702 Prentice St

Servicing Lender City

GRANITE FALLS

Servicing Lender State

MN

Servicing Lender Zip

56241-1541

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55311-3639

CD

MN-03

Jobs Reported

29

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

172800.00

Mortgage Interest Proceed

0.00

Rent Proceed

64600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9300.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38192

Originating Lender

FM Bank

Originating Lender City

GRANITE FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

248058.54

Forgiveness Date

11/05/2020

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