PPP Loan information for Industrial lubricant company

$841,640

Industrial lubricant company was initially approved for PPP Loan of amount $841,640, the current approved amount is $841,640. The loan was approved on 02/05/2021 by The Bremer Bank, National Association reported 54 jobs and $841,640 was used to fund payroll.

Industrial lubricant company is Existing or more than 2 years old

PPP Loan Search / MN / Grand Rapids / Industrial lubricant company

INDUSTRIAL LUBRICANT COMPANY

Date Approved

02/05/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

INDUSTRIAL LUBRICANT COMPANY

Borrower Address

35108 US Highway 2

Borrower City

Grand Rapids

Borrower State

MN

Borrower Zip

55744-4752

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

841640.00

Current Approval Amount

841640.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

ITASCA

Project State

MN

Project Zip

55744-4752

CD

MN-08

Jobs Reported

54

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

841638.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

847612.19

Forgiveness Date

10/27/2021

;