PPP Loan information for Asb, inc.

$84,300

Asb, inc. was initially approved for PPP Loan of amount $84,300, the current approved amount is $84,300. The loan was approved on 04/28/2020 by The Alerus Financial, National Association reported 7 jobs and $84,300 was used to fund payroll.

Asb, inc. is Existing or more than 2 years old

ASB, INC.

Date Approved

04/28/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

ASB, INC.

Borrower Address

745 45TH ST SW

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58103-1106

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84300.00

Current Approval Amount

84300.00

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

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58103-1106

CD

ND-

Jobs Reported

7

NAICS Code

561990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7025.00

Payroll Proceed

63225.00

Mortgage Interest Proceed

0.00

Rent Proceed

7025.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7025.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85018.89

Forgiveness Date

03/11/2021

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