PPP Loan information for Arlen norwood insurance agency inc

$42,852

Arlen norwood insurance agency inc was initially approved for PPP Loan of amount $42,800, the current approved amount is $42,852. The loan was approved on 04/04/2020 by The Stearns Bank National Association reported 5 jobs and $42,852 was used to fund payroll.

Arlen norwood insurance agency inc is Existing or more than 2 years old

ARLEN NORWOOD INSURANCE AGENCY INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ARLEN NORWOOD INSURANCE AGENCY INC

Borrower Address

740 Main Street South

Borrower City

PINE CITY

Borrower State

MN

Borrower Zip

55063-1665

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42800.00

Current Approval Amount

42852.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PINE CITY

Project County Name

PINE

Project State

MN

Project Zip

55063-1665

CD

MN-08

Jobs Reported

5

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

800.00

Payroll Proceed

34282.00

Mortgage Interest Proceed

0.00

Rent Proceed

7770.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43312.22

Forgiveness Date

05/11/2021

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