PPP Loan information for Gut bugs inc.

$58,397

Gut bugs inc. was initially approved for PPP Loan of amount $58,397, the current approved amount is $58,397. The loan was approved on 01/20/2021 by The FM Bank reported 5 jobs and $58,397 was used to fund payroll.

Gut bugs inc. is Existing or more than 2 years old

GUT BUGS INC.

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GUT BUGS INC.

Borrower Address

23046 County Highway 120

Borrower City

Fergus Falls

Borrower State

MN

Borrower Zip

56537-8218

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58396.55

Current Approval Amount

58396.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38192

Servicing Lender Name

FM Bank

Servicing Lender Address

702 Prentice St

Servicing Lender City

GRANITE FALLS

Servicing Lender State

MN

Servicing Lender Zip

56241-1541

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fergus Falls

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56537-8218

CD

MN-07

Jobs Reported

5

NAICS Code

541940

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

58392.55

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

Subchapter S Corporation

Originating Lender Location Id

38192

Originating Lender

FM Bank

Originating Lender City

GRANITE FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

59002.91

Forgiveness Date

02/14/2022

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