PPP Loan information for Richard herman

$20,833

Richard herman was initially approved for PPP Loan of amount $18,852, the current approved amount is $20,833. The loan was approved on 04/28/2020 by The Peoples State Bank of Wells reported 1 jobs and $20,833 was used to fund payroll.

Richard herman is Existing or more than 2 years old

RICHARD HERMAN

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RICHARD HERMAN

Borrower Address

17611 610TH AVE

Borrower City

WELLS

Borrower State

MN

Borrower Zip

56097-6706

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18852.07

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39017

Servicing Lender Name

Peoples State Bank of Wells

Servicing Lender Address

98 3rd St SE

Servicing Lender City

WELLS

Servicing Lender State

MN

Servicing Lender Zip

56097-1618

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WELLS

Project County Name

FARIBAULT

Project State

MN

Project Zip

56097-0001

CD

MN-01

Jobs Reported

1

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

13921.00

Mortgage Interest Proceed

6912.00

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

39017

Originating Lender

Peoples State Bank of Wells

Originating Lender City

WELLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21135.45

Forgiveness Date

11/17/2021

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