PPP Loan information for Torgerson properties, inc.

$629,000

Torgerson properties, inc. was initially approved for PPP Loan of amount $629,000, the current approved amount is $629,000. The loan was approved on 04/06/2020 by The Citizens Alliance Bank reported 53 jobs and $629,000 was used to fund payroll.

Torgerson properties, inc. is Existing or more than 2 years old

TORGERSON PROPERTIES, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TORGERSON PROPERTIES, INC.

Borrower Address

103 15TH AVE NW Suite 200

Borrower City

WILLMAR

Borrower State

MN

Borrower Zip

56201-2193

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

629000.00

Current Approval Amount

629000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36731

Servicing Lender Name

Citizens Alliance Bank

Servicing Lender Address

55 1st St NW

Servicing Lender City

CLARA CITY

Servicing Lender State

MN

Servicing Lender Zip

56222-1271

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILLMAR

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56201-2193

CD

MN-07

Jobs Reported

53

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

629000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

36731

Originating Lender

Citizens Alliance Bank

Originating Lender City

CLARA CITY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

633894.14

Forgiveness Date

02/17/2021

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