PPP Loan information for Northwest concrete cutting corp

$242,095

Northwest concrete cutting corp was initially approved for PPP Loan of amount $226,700, the current approved amount is $242,095. The loan was approved on 04/03/2020 by The The First National Bank in Sioux Falls reported 22 jobs and $242,095 was used to fund payroll.

Northwest concrete cutting corp is Existing or more than 2 years old

PPP Loan Search / SD / SIOUX FALLS / Northwest concrete cutting corp

NORTHWEST CONCRETE CUTTING CORP

Date Approved

04/03/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

NORTHWEST CONCRETE CUTTING CORP

Borrower Address

1001 E 52nd St N

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57104-0669

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226700.00

Current Approval Amount

242095.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66602

Servicing Lender Name

The First National Bank in Sioux Falls

Servicing Lender Address

100 S Phillips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6745

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX FALLS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57104-0669

CD

SD-

Jobs Reported

22

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

37485.00

Payroll Proceed

196795.00

Mortgage Interest Proceed

0.00

Rent Proceed

7800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66602

Originating Lender

The First National Bank in Sioux Falls

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

243998.60

Forgiveness Date

01/28/2021

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