PPP Loan information for Terning excavating inc.

$24,500

Terning excavating inc. was initially approved for PPP Loan of amount $24,500, the current approved amount is $24,500. The loan was approved on 04/14/2020 by The Citizens Alliance Bank reported 2 jobs and $24,500 was used to fund payroll.

Terning excavating inc. is Existing or more than 2 years old

PPP Loan Search / MN / COKATO / Terning excavating inc.

TERNING EXCAVATING INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TERNING EXCAVATING INC.

Borrower Address

7317 Quist Ave SW

Borrower City

COKATO

Borrower State

MN

Borrower Zip

55321-4728

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24500.00

Current Approval Amount

24500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36731

Servicing Lender Name

Citizens Alliance Bank

Servicing Lender Address

55 1st St NW

Servicing Lender City

CLARA CITY

Servicing Lender State

MN

Servicing Lender Zip

56222-1271

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COKATO

Project County Name

WRIGHT

Project State

MN

Project Zip

55321-4728

CD

MN-06

Jobs Reported

2

NAICS Code

237210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

24500.00

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

Subchapter S Corporation

Originating Lender Location Id

36731

Originating Lender

Citizens Alliance Bank

Originating Lender City

CLARA CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

24674.52

Forgiveness Date

01/07/2021

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