PPP Loan information for Broadband america corp

$206,000

Broadband america corp was initially approved for PPP Loan of amount $206,000, the current approved amount is $206,000. The loan was approved on 04/07/2020 by The First Minnetonka City Bank reported 14 jobs and $206,000 was used to fund payroll.

Broadband america corp is Existing or more than 2 years old

PPP Loan Search / MN / VICTORIA / Broadband america corp

BROADBAND AMERICA CORP

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BROADBAND AMERICA CORP

Borrower Address

1772 Steiger Lake Ln

Borrower City

VICTORIA

Borrower State

MN

Borrower Zip

55386-0146

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

206000.00

Current Approval Amount

206000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VICTORIA

Project County Name

CARVER

Project State

MN

Project Zip

55386-0146

CD

MN-06

Jobs Reported

14

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3200.00

Payroll Proceed

164900.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22900.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

207625.11

Forgiveness Date

01/20/2021

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