PPP Loan information for Westwood cabinets

$111,000

Westwood cabinets was initially approved for PPP Loan of amount $111,000, the current approved amount is $111,000. The loan was approved on 04/07/2020 by The First Minnetonka City Bank reported 11 jobs and $111,000 was used to fund payroll.

Westwood cabinets is Existing or more than 2 years old

WESTWOOD CABINETS

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WESTWOOD CABINETS

Borrower Address

15011 MINNETONKA INDUSTRIAL RD

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55345-2110

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111000.00

Current Approval Amount

111000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-2110

CD

MN-03

Jobs Reported

11

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

84000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15000.00

Debt Interest Proceed

2000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111881.83

Forgiveness Date

01/26/2021

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