PPP Loan information for Watkins veterinary clinic, p.a.

$400,000

Watkins veterinary clinic, p.a. was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 04/08/2020 by The MidCountry Bank reported 40 jobs and $400,000 was used to fund payroll.

Watkins veterinary clinic, p.a. is Existing or more than 2 years old

WATKINS VETERINARY CLINIC, P.A.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WATKINS VETERINARY CLINIC, P.A.

Borrower Address

905 HWY 15 S

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-3117

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

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

55350-3117

CD

MN-07

Jobs Reported

40

NAICS Code

541940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4102.80

Payroll Proceed

343947.18

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22410.02

Debt Interest Proceed

29540

Business Type

Subchapter S Corporation

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

403364.38

Forgiveness Date

02/17/2021

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