PPP Loan information for Reliable machine

$10,000

Reliable machine was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 04/29/2020 by The Falcon National Bank reported 1 jobs and $10,000 was used to fund payroll.

Reliable machine is New Business or 2 years or less

PPP Loan Search / MN / FOLEY / Reliable machine

RELIABLE MACHINE

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RELIABLE MACHINE

Borrower Address

1110 HIGHWAY 23

Borrower City

FOLEY

Borrower State

MN

Borrower Zip

56329-9152

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FOLEY

Project County Name

BENTON

Project State

MN

Project Zip

56329-9152

CD

MN-06

Jobs Reported

1

NAICS Code

811412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10000.00

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

Sole Proprietorship

Originating Lender Location Id

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10053.42

Forgiveness Date

11/17/2020

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