PPP Loan information for Pearson candy company

$2,070,267

Pearson candy company was initially approved for PPP Loan of amount $2,070,267, the current approved amount is $2,070,267. The loan was approved on 04/06/2020 by The First Business Bank reported 155 jobs and $2,070,267 was used to fund payroll.

Pearson candy company is New Business or 2 years or less

PEARSON CANDY COMPANY

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PEARSON CANDY COMPANY

Borrower Address

2140 WEST 7TH ST

Borrower City

SAINT PAUL

Borrower State

MN

Borrower Zip

55116-3199

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2070267.00

Current Approval Amount

2070267.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76065

Servicing Lender Name

First Business Bank

Servicing Lender Address

401 Charmany Dr

Servicing Lender City

MADISON

Servicing Lender State

WI

Servicing Lender Zip

53719-1272

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SAINT PAUL

Project County Name

RAMSEY

Project State

MN

Project Zip

55116-3199

CD

MN-04

Jobs Reported

155

NAICS Code

311352

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2070267.00

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

Corporation

Originating Lender Location Id

76065

Originating Lender

First Business Bank

Originating Lender City

MADISON

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2111445.46

Forgiveness Date

04/20/2022

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