PPP Loan information for Michael faught

$17,700

Michael faught was initially approved for PPP Loan of amount $17,700, the current approved amount is $17,700. The loan was approved on 04/28/2020 by The Alerus Financial, National Association reported 3 jobs and $17,700 was used to fund payroll.

Michael faught is New Business or 2 years or less

MICHAEL FAUGHT

Date Approved

04/28/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MICHAEL FAUGHT

Borrower Address

2894 146 AVE SE

Borrower City

ABSARAKA

Borrower State

ND

Borrower Zip

58002-9601

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17700.00

Current Approval Amount

17700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ABSARAKA

Project County Name

CASS

Project State

ND

Project Zip

58002-9601

CD

ND-

Jobs Reported

3

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

13275.00

Mortgage Interest Proceed

4425.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17861.76

Forgiveness Date

03/25/2021

;