PPP Loan information for Superior rock bit company

$250,000

Superior rock bit company was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 02/06/2021 by The Park State Bank reported 14 jobs and $250,000 was used to fund payroll.

Superior rock bit company is Existing or more than 2 years old

PPP Loan Search / MN / Virginia / Superior rock bit company

SUPERIOR ROCK BIT COMPANY

Date Approved

02/06/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SUPERIOR ROCK BIT COMPANY

Borrower Address

1401 Chestnut St W

Borrower City

Virginia

Borrower State

MN

Borrower Zip

55792-3416

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Virginia

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55792-3416

CD

MN-08

Jobs Reported

14

NAICS Code

332710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

249999.00

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

Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

251356.16

Forgiveness Date

08/27/2021

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