PPP Loan information for Strand manufacturing company inc

$36,302

Strand manufacturing company inc was initially approved for PPP Loan of amount $36,302, the current approved amount is $36,302. The loan was approved on 04/29/2020 by The Vermillion State Bank reported 4 jobs and $36,302 was used to fund payroll.

Strand manufacturing company inc is Existing or more than 2 years old

PPP Loan Search / MN / HOPKINS / Strand manufacturing company inc

STRAND MANUFACTURING COMPANY INC

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STRAND MANUFACTURING COMPANY INC

Borrower Address

1515 5th St S

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55343

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36301.87

Current Approval Amount

36301.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-0001

CD

MN-03

Jobs Reported

4

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27226.40

Mortgage Interest Proceed

0.00

Rent Proceed

9075.47

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36680.01

Forgiveness Date

05/24/2021

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