PPP Loan information for The paint factory

$18,462

The paint factory was initially approved for PPP Loan of amount $18,462, the current approved amount is $18,462. The loan was approved on 03/16/2021 by The Citizens Bank & Trust Co reported 10 jobs and $18,462 was used to fund payroll.

The paint factory is Existing or more than 2 years old

THE PAINT FACTORY

Date Approved

03/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

THE PAINT FACTORY

Borrower Address

137 Main St S

Borrower City

Hutchinson

Borrower State

MN

Borrower Zip

55350-2506

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18462.30

Current Approval Amount

18462.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38252

Servicing Lender Name

Citizens Bank & Trust Co

Servicing Lender Address

102 Main St S

Servicing Lender City

HUTCHINSON

Servicing Lender State

MN

Servicing Lender Zip

55350-2575

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hutchinson

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-2506

CD

MN-07

Jobs Reported

10

NAICS Code

711510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

18460.30

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

Limited Liability Company(LLC)

Originating Lender Location Id

38252

Originating Lender

Citizens Bank & Trust Co

Originating Lender City

HUTCHINSON

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18518.45

Forgiveness Date

07/16/2021

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