PPP Loan information for Alcon excavating, inc

$72,000

Alcon excavating, inc was initially approved for PPP Loan of amount $72,000, the current approved amount is $72,000. The loan was approved on 04/08/2020 by The F & M Community Bank, National Association reported 6 jobs and $72,000 was used to fund payroll.

Alcon excavating, inc is New Business or 2 years or less

ALCON EXCAVATING, INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALCON EXCAVATING, INC

Borrower Address

2258 MARION RD SE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55904-6091

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72000.00

Current Approval Amount

72000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38766

Servicing Lender Name

F & M Community Bank, National Association

Servicing Lender Address

100 St. Anthony St, North

Servicing Lender City

PRESTON

Servicing Lender State

MN

Servicing Lender Zip

55965-1104

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55904-6091

CD

MN-01

Jobs Reported

6

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

60000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38766

Originating Lender

F & M Community Bank, National Association

Originating Lender City

PRESTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72554.30

Forgiveness Date

01/20/2021

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