PPP Loan information for American peat technology llc

$596,330

American peat technology llc was initially approved for PPP Loan of amount $596,330, the current approved amount is $596,330. The loan was approved on 02/12/2021 by The Bremer Bank, National Association reported 40 jobs and $596,330 was used to fund payroll.

American peat technology llc is Existing or more than 2 years old

AMERICAN PEAT TECHNOLOGY LLC

Date Approved

02/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AMERICAN PEAT TECHNOLOGY LLC

Borrower Address

36203 350th Ave

Borrower City

Aitkin

Borrower State

MN

Borrower Zip

56431-5558

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

596330.00

Current Approval Amount

596330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Aitkin

Project County Name

CROW WING

Project State

MN

Project Zip

56431-5558

CD

MN-08

Jobs Reported

40

NAICS Code

212399

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

596327.00

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

Partnership

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

600790.22

Forgiveness Date

11/17/2021

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