PPP Loan information for Cedar nails, inc

$40,500

Cedar nails, inc was initially approved for PPP Loan of amount $40,500, the current approved amount is $40,500. The loan was approved on 04/06/2020 by The Falcon National Bank reported 8 jobs and $40,500 was used to fund payroll.

Cedar nails, inc is Existing or more than 2 years old

CEDAR NAILS, INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CEDAR NAILS, INC

Borrower Address

11058 CEDAR LAKE RD

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55305-3368

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40500.00

Current Approval Amount

40500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55305-3368

CD

MN-03

Jobs Reported

8

NAICS Code

812113

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

36000.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40800.38

Forgiveness Date

01/07/2021

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