PPP Loan information for Sheet metal connectors inc

$2,483,600

Sheet metal connectors inc was initially approved for PPP Loan of amount $2,483,600, the current approved amount is $2,483,600. The loan was approved on 04/08/2020 by The Northeast Bank reported 147 jobs and $2,483,600 was used to fund payroll.

Sheet metal connectors inc is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Sheet metal connectors inc

SHEET METAL CONNECTORS INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHEET METAL CONNECTORS INC

Borrower Address

5850 MAIN ST NE

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55432-5439

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2483600.00

Current Approval Amount

2483600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38406

Servicing Lender Name

Northeast Bank

Servicing Lender Address

77 Broadway St NE

Servicing Lender City

MINNEAPOLIS

Servicing Lender State

MN

Servicing Lender Zip

55413-1811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

ANOKA

Project State

MN

Project Zip

55432-5439

CD

MN-05

Jobs Reported

147

NAICS Code

332322

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2483600.00

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

Subchapter S Corporation

Originating Lender Location Id

38406

Originating Lender

Northeast Bank

Originating Lender City

MINNEAPOLIS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2512178.41

Forgiveness Date

06/11/2021

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