PPP Loan information for Permac industries

$400,000

Permac industries was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 04/04/2020 by The Choice Financial Group reported 30 jobs and $400,000 was used to fund payroll.

Permac industries is Existing or more than 2 years old

PPP Loan Search / MN / BURNSVILLE / Permac industries

PERMAC INDUSTRIES

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PERMAC INDUSTRIES

Borrower Address

14401 EWING AVE

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55306-4889

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55306-4889

CD

MN-02

Jobs Reported

30

NAICS Code

332721

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

400000.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

402674.91

Forgiveness Date

02/19/2021

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