PPP Loan information for Michael steinmetz

$50,117

Michael steinmetz was initially approved for PPP Loan of amount $50,117, the current approved amount is $50,117. The loan was approved on 01/27/2021 by The Deerwood Bank reported 5 jobs and $50,117 was used to fund payroll.

Michael steinmetz is Existing or more than 2 years old

MICHAEL STEINMETZ

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MICHAEL STEINMETZ

Borrower Address

219 E Lincoln Ave

Borrower City

Fergus Falls

Borrower State

MN

Borrower Zip

56537-2236

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50117.00

Current Approval Amount

50117.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fergus Falls

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56537-2236

CD

MN-07

Jobs Reported

5

NAICS Code

621210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

50113.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

50336.96

Forgiveness Date

07/14/2021

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