PPP Loan information for Steffes & son manufacturing, i

$6,433,400

Steffes & son manufacturing, i was initially approved for PPP Loan of amount $6,433,400, the current approved amount is $6,433,400. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 500 jobs and $6,433,400 was used to fund payroll.

Steffes & son manufacturing, i is Existing or more than 2 years old

PPP Loan Search / ND / DICKINSON / Steffes & son manufacturing, i

STEFFES & SON MANUFACTURING, I

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

STEFFES & SON MANUFACTURING, I

Borrower Address

3050 Highway 22 North

Borrower City

DICKINSON

Borrower State

ND

Borrower Zip

58601-9413

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6433400.00

Current Approval Amount

6433400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DICKINSON

Project County Name

STARK

Project State

ND

Project Zip

58601-9413

CD

ND-

Jobs Reported

500

NAICS Code

333132

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

150000.00

Payroll Proceed

6248400.00

Mortgage Interest Proceed

35000.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4216014.23

Forgiveness Date

06/11/2021

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