PPP Loan information for Swansonflo company

$1,287,000

Swansonflo company was initially approved for PPP Loan of amount $1,287,000, the current approved amount is $1,287,000. The loan was approved on 04/04/2020 by The Fidelity Bank reported 80 jobs and $1,287,000 was used to fund payroll.

Swansonflo company is Existing or more than 2 years old

SWANSONFLO COMPANY

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SWANSONFLO COMPANY

Borrower Address

151 CHESHIRE LN

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55441-5434

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1287000.00

Current Approval Amount

1287000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38024

Servicing Lender Name

Fidelity Bank

Servicing Lender Address

7600 Parklawn Ave

Servicing Lender City

EDINA

Servicing Lender State

MN

Servicing Lender Zip

55435-5125

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55441-5434

CD

MN-03

Jobs Reported

80

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21736.92

Payroll Proceed

1149765.08

Mortgage Interest Proceed

0.00

Rent Proceed

115498.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38024

Originating Lender

Fidelity Bank

Originating Lender City

EDINA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1294257.25

Forgiveness Date

11/03/2020

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