PPP Loan information for Duluth running company

$49,725

Duluth running company was initially approved for PPP Loan of amount $49,725, the current approved amount is $49,725. The loan was approved on 02/10/2021 by The Frandsen Bank & Trust reported 12 jobs and $49,725 was used to fund payroll.

Duluth running company is Existing or more than 2 years old

PPP Loan Search / MN / Duluth / Duluth running company

DULUTH RUNNING COMPANY

Date Approved

02/10/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DULUTH RUNNING COMPANY

Borrower Address

1026 E Superior St

Borrower City

Duluth

Borrower State

MN

Borrower Zip

55802-2215

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49725.00

Current Approval Amount

49725.00

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

1.00

Payroll Proceed

49720.00

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

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

49925.26

Forgiveness Date

07/19/2021

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