PPP Loan information for Martinsen's home center

$161,835

Martinsen's home center was initially approved for PPP Loan of amount $161,835, the current approved amount is $161,835. The loan was approved on 04/10/2020 by The Stock Growers Bank reported 18 jobs and $161,835 was used to fund payroll.

Martinsen's home center is Existing or more than 2 years old

MARTINSEN'S HOME CENTER

Date Approved

04/10/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MARTINSEN'S HOME CENTER

Borrower Address

1015 Main Street

Borrower City

LISBON

Borrower State

ND

Borrower Zip

58054-4336

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161835.35

Current Approval Amount

161835.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52781

Servicing Lender Name

Stock Growers Bank

Servicing Lender Address

331 Main St

Servicing Lender City

FORMAN

Servicing Lender State

ND

Servicing Lender Zip

58032

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LISBON

Project County Name

RANSOM

Project State

ND

Project Zip

58054-4336

CD

ND-

Jobs Reported

18

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

32367.05

Payroll Proceed

129468.30

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

52781

Originating Lender

Stock Growers Bank

Originating Lender City

FORMAN

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

162774.89

Forgiveness Date

11/12/2020

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