PPP Loan information for Itasca utilities, inc.

$180,200

Itasca utilities, inc. was initially approved for PPP Loan of amount $180,200, the current approved amount is $180,200. The loan was approved on 04/14/2020 by The Woodland Bank reported 20 jobs and $180,200 was used to fund payroll.

Itasca utilities, inc. is Existing or more than 2 years old

PPP Loan Search / MN / GRAND RAPIDS / Itasca utilities, inc.

ITASCA UTILITIES, INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ITASCA UTILITIES, INC.

Borrower Address

4258 River Road PO BOX 39

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-7363

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180200.00

Current Approval Amount

180200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38785

Servicing Lender Name

Woodland Bank

Servicing Lender Address

217 Main Ave East

Servicing Lender City

DEER RIVER

Servicing Lender State

MN

Servicing Lender Zip

56636-8737

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

55744-7363

CD

MN-08

Jobs Reported

20

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

180200.00

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

Subchapter S Corporation

Originating Lender Location Id

38785

Originating Lender

Woodland Bank

Originating Lender City

DEER RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

181596.55

Forgiveness Date

01/20/2021

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