PPP Loan information for Mahowald builders, inc.

$86,662

Mahowald builders, inc. was initially approved for PPP Loan of amount $86,662, the current approved amount is $86,662. The loan was approved on 04/08/2020 by The New Market Bank reported 6 jobs and $86,662 was used to fund payroll.

Mahowald builders, inc. is Existing or more than 2 years old

MAHOWALD BUILDERS, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAHOWALD BUILDERS, INC.

Borrower Address

7877 150TH ST

Borrower City

SAVAGE

Borrower State

MN

Borrower Zip

55378-2131

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86661.59

Current Approval Amount

86661.59

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38673

Servicing Lender Name

New Market Bank

Servicing Lender Address

101 Old Town Rd

Servicing Lender City

ELKO NEW MARKET

Servicing Lender State

MN

Servicing Lender Zip

55054

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAVAGE

Project County Name

SCOTT

Project State

MN

Project Zip

55378-2131

CD

MN-02

Jobs Reported

6

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86661.59

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

38673

Originating Lender

New Market Bank

Originating Lender City

ELKO NEW MARKET

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87423.74

Forgiveness Date

03/02/2021

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