PPP Loan information for Duluth running company

$31,540

Duluth running company was initially approved for PPP Loan of amount $34,375, the current approved amount is $31,540. The loan was approved on 04/11/2020 by The Frandsen Bank & Trust reported 12 jobs and $31,540 was used to fund payroll.

Duluth running company is Existing or more than 2 years old

DULUTH RUNNING COMPANY

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DULUTH RUNNING COMPANY

Borrower Address

1026 East Superior Street

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55802-2215

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34375.00

Current Approval Amount

31540.00

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

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55802-2215

CD

MN-08

Jobs Reported

12

NAICS Code

448190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3300.00

Payroll Proceed

24240.00

Mortgage Interest Proceed

4000.00

Rent Proceed

0.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21665.11

Forgiveness Date

11/19/2020

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