PPP Loan information for Producers financial group inc

$295,600

Producers financial group inc was initially approved for PPP Loan of amount $295,600, the current approved amount is $295,600. The loan was approved on 04/14/2020 by The Cornerstone Bank reported 16 jobs and $295,600 was used to fund payroll.

Producers financial group inc is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / Producers financial group inc

PRODUCERS FINANCIAL GROUP INC

Date Approved

04/14/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

PRODUCERS FINANCIAL GROUP INC

Borrower Address

818 Main Ave

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58103-1852

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

295600.00

Current Approval Amount

295600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58103-1852

CD

ND-

Jobs Reported

16

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

295600.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

298884.44

Forgiveness Date

05/26/2021

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