PPP Loan information for Albn, inc.

$64,000

Albn, inc. was initially approved for PPP Loan of amount $64,000, the current approved amount is $64,000. The loan was approved on 04/08/2020 by The Merchants Bank reported 21 jobs and $64,000 was used to fund payroll.

Albn, inc. is New Business or 2 years or less

PPP Loan Search / ND / RUGBY / Albn, inc.

ALBN, INC.

Date Approved

04/08/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

ALBN, INC.

Borrower Address

140 VIKING DR

Borrower City

RUGBY

Borrower State

ND

Borrower Zip

58368-2408

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64000.00

Current Approval Amount

64000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52945

Servicing Lender Name

Merchants Bank

Servicing Lender Address

210 S Main Ave

Servicing Lender City

RUGBY

Servicing Lender State

ND

Servicing Lender Zip

58368-1721

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RUGBY

Project County Name

PIERCE

Project State

ND

Project Zip

58368-2408

CD

ND-

Jobs Reported

21

NAICS Code

511110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5120.00

Payroll Proceed

51200.00

Mortgage Interest Proceed

0.00

Rent Proceed

7680.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52945

Originating Lender

Merchants Bank

Originating Lender City

RUGBY

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64451.56

Forgiveness Date

12/21/2020

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