PPP Loan information for Minnesota wire & cable company

$1,339,100

Minnesota wire & cable company was initially approved for PPP Loan of amount $1,339,100, the current approved amount is $1,339,100. The loan was approved on 04/06/2020 by The Riverland Bank reported 142 jobs and $1,339,100 was used to fund payroll.

Minnesota wire & cable company is Existing or more than 2 years old

MINNESOTA WIRE & CABLE COMPANY

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA WIRE & CABLE COMPANY

Borrower Address

1835 ENERGY PARK DR

Borrower City

SAINT PAUL

Borrower State

MN

Borrower Zip

55108-2721

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1339100.00

Current Approval Amount

1339100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436695

Servicing Lender Name

Riverland Bank

Servicing Lender Address

700 Seville Dr

Servicing Lender City

JORDAN

Servicing Lender State

MN

Servicing Lender Zip

55352-4539

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT PAUL

Project County Name

RAMSEY

Project State

MN

Project Zip

55108-2721

CD

MN-04

Jobs Reported

142

NAICS Code

331222

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1271400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

67700.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

436695

Originating Lender

Riverland Bank

Originating Lender City

JORDAN

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1357252.24

Forgiveness Date

08/12/2021

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