PPP Loan information for Engineering & construction innovations

$983,600

Engineering & construction innovations was initially approved for PPP Loan of amount $983,600, the current approved amount is $983,600. The loan was approved on 04/04/2020 by The Merchants Bank, National Association reported 30 jobs and $983,600 was used to fund payroll.

Engineering & construction innovations is Existing or more than 2 years old

ENGINEERING & CONSTRUCTION INNOVATIONS

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ENGINEERING & CONSTRUCTION INNOVATIONS

Borrower Address

7002 6TH STREET NORTH

Borrower City

SAINT PAUL

Borrower State

MN

Borrower Zip

55128-6146

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

983600.00

Current Approval Amount

983600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT PAUL

Project County Name

WASHINGTON

Project State

MN

Project Zip

55128-6146

CD

MN-04

Jobs Reported

30

NAICS Code

541330

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

147540.00

Payroll Proceed

786880.00

Mortgage Interest Proceed

49180.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

995129.98

Forgiveness Date

06/11/2021

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