PPP Loan information for Acoustical ceilings inc

$130,400

Acoustical ceilings inc was initially approved for PPP Loan of amount $130,400, the current approved amount is $130,400. The loan was approved on 04/16/2020 by The Premier Bank reported 5 jobs and $130,400 was used to fund payroll.

Acoustical ceilings inc is Existing or more than 2 years old

ACOUSTICAL CEILINGS INC

Date Approved

04/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ACOUSTICAL CEILINGS INC

Borrower Address

24078 GREENWAY RD

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-8206

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130400.00

Current Approval Amount

130400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38359

Servicing Lender Name

Premier Bank

Servicing Lender Address

2866 White Bear Ave

Servicing Lender City

MAPLEWOOD

Servicing Lender State

MN

Servicing Lender Zip

55109-1301

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

CHISAGO

Project State

MN

Project Zip

55025-8206

CD

MN-08

Jobs Reported

5

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

130400.00

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

38359

Originating Lender

Premier Bank

Originating Lender City

MAPLEWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131341.78

Forgiveness Date

01/07/2021

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