PPP Loan information for National recoveries, inc.

$4,021,708

National recoveries, inc. was initially approved for PPP Loan of amount $4,021,708, the current approved amount is $4,021,708. The loan was approved on 04/05/2020 by The Village Bank reported 421 jobs and $4,021,708 was used to fund payroll.

National recoveries, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ANDOVER / National recoveries, inc.

NATIONAL RECOVERIES, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NATIONAL RECOVERIES, INC.

Borrower Address

14735 HIGHWAY 65 NE

Borrower City

ANDOVER

Borrower State

MN

Borrower Zip

55304-6101

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4021708.00

Current Approval Amount

4021708.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118028

Servicing Lender Name

Village Bank

Servicing Lender Address

3350 Bridge St NW

Servicing Lender City

SAINT FRANCIS

Servicing Lender State

MN

Servicing Lender Zip

55070-9732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDOVER

Project County Name

ANOKA

Project State

MN

Project Zip

55304-6101

CD

MN-06

Jobs Reported

421

NAICS Code

561440

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

4021708.00

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

Subchapter S Corporation

Originating Lender Location Id

118028

Originating Lender

Village Bank

Originating Lender City

SAINT FRANCIS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4068205.56

Forgiveness Date

06/11/2021

;