PPP Loan information for Pedersen machine, inc.

$259,500

Pedersen machine, inc. was initially approved for PPP Loan of amount $259,500, the current approved amount is $259,500. The loan was approved on 04/27/2020 by The First Dakota National Bank reported 23 jobs and $259,500 was used to fund payroll.

Pedersen machine, inc. is Existing or more than 2 years old

PPP Loan Search / SD / BERESFORD / Pedersen machine, inc.

PEDERSEN MACHINE, INC.

Date Approved

04/27/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

PEDERSEN MACHINE, INC.

Borrower Address

1610 W Main Street

Borrower City

BERESFORD

Borrower State

SD

Borrower Zip

57004-1561

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259500.00

Current Approval Amount

259500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66728

Servicing Lender Name

First Dakota National Bank

Servicing Lender Address

225 Cedar St

Servicing Lender City

YANKTON

Servicing Lender State

SD

Servicing Lender Zip

57078-4333

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BERESFORD

Project County Name

UNION

Project State

SD

Project Zip

57004-1561

CD

SD-

Jobs Reported

23

NAICS Code

333111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

241500.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66728

Originating Lender

First Dakota National Bank

Originating Lender City

YANKTON

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

260829.49

Forgiveness Date

11/03/2020

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