PPP Loan information for Primesource funding, inc.

$257,700

Primesource funding, inc. was initially approved for PPP Loan of amount $257,700, the current approved amount is $257,700. The loan was approved on 04/04/2020 by The First National Bank Minnesota reported 16 jobs and $257,700 was used to fund payroll.

Primesource funding, inc. is Existing or more than 2 years old

PRIMESOURCE FUNDING, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRIMESOURCE FUNDING, INC.

Borrower Address

1751 VICTORY DR STE 500

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-6592

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257700.00

Current Approval Amount

257700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38865

Servicing Lender Name

First National Bank Minnesota

Servicing Lender Address

226 Nassau St

Servicing Lender City

SAINT PETER

Servicing Lender State

MN

Servicing Lender Zip

56082-2056

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-6592

CD

MN-01

Jobs Reported

16

NAICS Code

522310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

257700.00

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

38865

Originating Lender

First National Bank Minnesota

Originating Lender City

SAINT PETER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

260055.09

Forgiveness Date

03/05/2021

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