PPP Loan information for Advancements in flooring

$385,895

Advancements in flooring was initially approved for PPP Loan of amount $385,895, the current approved amount is $385,895. The loan was approved on 04/15/2020 by The Old National Bank reported 30 jobs and $385,895 was used to fund payroll.

Advancements in flooring is Existing or more than 2 years old

ADVANCEMENTS IN FLOORING

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ADVANCEMENTS IN FLOORING

Borrower Address

5265 198th St. W.

Borrower City

FARMINGTON

Borrower State

MN

Borrower Zip

55024

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385895.00

Current Approval Amount

385895.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

DAKOTA

Project State

MN

Project Zip

55024-0001

CD

MN-02

Jobs Reported

30

NAICS Code

238330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

385895.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

389817.38

Forgiveness Date

05/10/2021

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