PPP Loan information for Alec marxen

$12,052

Alec marxen was initially approved for PPP Loan of amount $12,052, the current approved amount is $12,052. The loan was approved on 02/16/2021 by The SouthPoint Financial CU reported 1 jobs and $12,052 was used to fund payroll.

Alec marxen is Existing or more than 2 years old

ALEC MARXEN

Date Approved

02/16/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALEC MARXEN

Borrower Address

231 5th Ave NW

Borrower City

Hutchinson

Borrower State

MN

Borrower Zip

55350-1633

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12052.00

Current Approval Amount

12052.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99853

Servicing Lender Name

SouthPoint Financial CU

Servicing Lender Address

924 Main St, East

Servicing Lender City

SLEEPY EYE

Servicing Lender State

MN

Servicing Lender Zip

56085-4380

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hutchinson

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-1633

CD

MN-07

Jobs Reported

1

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12049.00

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

Sole Proprietorship

Originating Lender Location Id

99853

Originating Lender

SouthPoint Financial CU

Originating Lender City

SLEEPY EYE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12090.63

Forgiveness Date

06/15/2021

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