PPP Loan information for Cem-con corporation

$50,765

Cem-con corporation was initially approved for PPP Loan of amount $50,765, the current approved amount is $50,765. The loan was approved on 04/14/2020 by The Frandsen Bank & Trust reported 5 jobs and $50,765 was used to fund payroll.

Cem-con corporation is Existing or more than 2 years old

PPP Loan Search / MN / PINE CITY / Cem-con corporation

CEM-CON CORPORATION

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CEM-CON CORPORATION

Borrower Address

22645 RAIL LANE

Borrower City

PINE CITY

Borrower State

MN

Borrower Zip

55063

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50765.00

Current Approval Amount

50765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PINE CITY

Project County Name

PINE

Project State

MN

Project Zip

55063-0001

CD

MN-08

Jobs Reported

5

NAICS Code

561790

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5076.00

Payroll Proceed

38075.00

Mortgage Interest Proceed

0.00

Rent Proceed

7614.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51061.25

Forgiveness Date

11/24/2020

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