PPP Loan information for Food management investors inc

$421,500

Food management investors inc was initially approved for PPP Loan of amount $421,500, the current approved amount is $421,500. The loan was approved on 04/03/2020 by The United Community Bank of North Dakota reported 26 jobs and $421,500 was used to fund payroll.

Food management investors inc is Existing or more than 2 years old

PPP Loan Search / ND / MINOT / Food management investors inc

FOOD MANAGEMENT INVESTORS INC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

FOOD MANAGEMENT INVESTORS INC

Borrower Address

509 30TH AVE NW

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58703-0607

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

421500.00

Current Approval Amount

421500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52878

Servicing Lender Name

United Community Bank of North Dakota

Servicing Lender Address

105 Central Ave S

Servicing Lender City

LEEDS

Servicing Lender State

ND

Servicing Lender Zip

58346

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58703-0607

CD

ND-

Jobs Reported

26

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

379350.00

Mortgage Interest Proceed

0.00

Rent Proceed

42150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52878

Originating Lender

United Community Bank of North Dakota

Originating Lender City

LEEDS

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

425484.04

Forgiveness Date

03/25/2021

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