PPP Loan information for East central diesel inc

$55,877

East central diesel inc was initially approved for PPP Loan of amount $55,877, the current approved amount is $55,877. The loan was approved on 04/13/2020 by The Cambridge State Bank reported 9 jobs and $55,877 was used to fund payroll.

East central diesel inc is Existing or more than 2 years old

PPP Loan Search / MN / Cambridge / East central diesel inc

EAST CENTRAL DIESEL INC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EAST CENTRAL DIESEL INC

Borrower Address

37171 Highway 65 NE

Borrower City

Cambridge

Borrower State

MN

Borrower Zip

55008-0311

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55877.00

Current Approval Amount

55877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36703

Servicing Lender Name

Cambridge State Bank

Servicing Lender Address

127 S Main St

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MN

Servicing Lender Zip

55008-1535

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

ISANTI

Project State

MN

Project Zip

55008-0311

CD

MN-08

Jobs Reported

9

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3200.00

Payroll Proceed

45677.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36703

Originating Lender

Cambridge State Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56224.68

Forgiveness Date

11/30/2020

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