PPP Loan information for Swingen construction company

$858,000

Swingen construction company was initially approved for PPP Loan of amount $858,000, the current approved amount is $858,000. The loan was approved on 04/15/2020 by The Alerus Financial, National Association reported 112 jobs and $858,000 was used to fund payroll.

Swingen construction company is Existing or more than 2 years old

PPP Loan Search / ND / GRAND FORKS / Swingen construction company

SWINGEN CONSTRUCTION COMPANY

Date Approved

04/15/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

SWINGEN CONSTRUCTION COMPANY

Borrower Address

1437 83rd St N

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58201-3116

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

858000.00

Current Approval Amount

858000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58201-3116

CD

ND-

Jobs Reported

112

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

643500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

214500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

852946.67

Forgiveness Date

11/23/2020

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