PPP Loan information for Cap enterprises of melrose inc.

$40,500

Cap enterprises of melrose inc. was initially approved for PPP Loan of amount $40,500, the current approved amount is $40,500. The loan was approved on 01/25/2021 by The Freeport State Bank reported 4 jobs and $40,500 was used to fund payroll.

Cap enterprises of melrose inc. is Existing or more than 2 years old

CAP ENTERPRISES OF MELROSE INC.

Date Approved

01/25/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CAP ENTERPRISES OF MELROSE INC.

Borrower Address

511 3rd Ave SW

Borrower City

Melrose

Borrower State

MN

Borrower Zip

56352-1007

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40500.00

Current Approval Amount

40500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38095

Servicing Lender Name

Freeport State Bank

Servicing Lender Address

111 Main St East

Servicing Lender City

FREEPORT

Servicing Lender State

MN

Servicing Lender Zip

56331

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Melrose

Project County Name

STEARNS

Project State

MN

Project Zip

56352-1007

CD

MN-07

Jobs Reported

4

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40496.00

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

Subchapter S Corporation

Originating Lender Location Id

38095

Originating Lender

Freeport State Bank

Originating Lender City

FREEPORT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40725.25

Forgiveness Date

08/18/2021

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