PPP Loan information for American investors group inc

$107,000

American investors group inc was initially approved for PPP Loan of amount $107,000, the current approved amount is $107,000. The loan was approved on 04/14/2020 by The Alerus Financial, National Association reported 5 jobs and $107,000 was used to fund payroll.

American investors group inc is Existing or more than 2 years old

PPP Loan Search / MN / Minnetonka / American investors group inc

AMERICAN INVESTORS GROUP INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AMERICAN INVESTORS GROUP INC

Borrower Address

10400 Yellow Circle Dr Ste 102

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55343-9153

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107000.00

Current Approval Amount

107000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minnetonka

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-9153

CD

MN-03

Jobs Reported

5

NAICS Code

523120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5659.44

Payroll Proceed

85592.90

Mortgage Interest Proceed

0.00

Rent Proceed

9073.66

Refinance EIDL Proceed

0.00

Health Care Proceed

6674.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

108075.94

Forgiveness Date

04/22/2021

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