PPP Loan information for Bachmann & associates

$432,765

Bachmann & associates was initially approved for PPP Loan of amount $439,905, the current approved amount is $432,765. The loan was approved on 04/08/2020 by The Lake Elmo Bank reported 39 jobs and $432,765 was used to fund payroll.

Bachmann & associates is Existing or more than 2 years old

PPP Loan Search / MN / LAKE ELMO / Bachmann & associates

BACHMANN & ASSOCIATES

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BACHMANN & ASSOCIATES

Borrower Address

8669 EAGLE POINT BLVD

Borrower City

LAKE ELMO

Borrower State

MN

Borrower Zip

55042-8628

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

439905.00

Current Approval Amount

432765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38298

Servicing Lender Name

Lake Elmo Bank

Servicing Lender Address

11465 39th St N

Servicing Lender City

LAKE ELMO

Servicing Lender State

MN

Servicing Lender Zip

55042-7525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE ELMO

Project County Name

WASHINGTON

Project State

MN

Project Zip

55042-8628

CD

MN-04

Jobs Reported

39

NAICS Code

621112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22500.00

Payroll Proceed

323365.00

Mortgage Interest Proceed

0.00

Rent Proceed

64400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38298

Originating Lender

Lake Elmo Bank

Originating Lender City

LAKE ELMO

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

436808.09

Forgiveness Date

03/24/2021

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