Loans Issued BY Park+State+Bank

Loan Amount Company Name Location Lender
$2-5M AKOYA BIOSCIENCES, INC. Menlo park , CA Park State Bank
$1-2M ANTIN SACHS, INC San diego , CA Park State Bank
$350K-1M BARFRESH FOOD GROUP, INC Los angeles , CA Park State Bank
$150K-350K WRIGHT GARDNER LLC South san francisco , CA Park State Bank
$150K-350K ELECTRIC SERVICE OF COLORADO LLC Woodland park , CO Park State Bank & Trust
$150K-350K LEGENDS GRANITE, INC. Colorado springs , CO Park State Bank & Trust
$2-5M AVAIRPROS SERVICES, INC. Naples , FL Park State Bank
$2-5M AVAIRPROS, INC. Naples , FL Park State Bank
$150K-350K AVAIRPROS MANAGEMENT, INC. Naples , FL Park State Bank
$2-5M FOODSBY, INC. Minneapolis , MN Park State Bank
$2-5M ORANGE CLOUD HOLDINGS CORP Maple grove , MN Park State Bank
$2-5M RESIDENTIAL SERVICES OF NE MN INC. Duluth , MN Park State Bank
$2-5M SAFETYCALL INTERNATIONAL, LLC Bloomington , MN Park State Bank
$1-2M DEALER TEAMWORK, LLC Eden prairie , MN Park State Bank
$1-2M FALLS FABRICATING LLC Cold spring , MN Park State Bank
$1-2M G.O. CORPORATION 1 Minneapolis , MN Park State Bank
$1-2M JADT FOOD GROUP LLC Minneapolis , MN Park State Bank
$1-2M LAKE SUPERIOR COMMUNITY HEALTH CENTER Duluth , MN Park State Bank
$1-2M LERNER PUBLISHING GROUP, INC. Minneapolis , MN Park State Bank
$1-2M LIGHTING OF MINNESOTA, LLC Minneapolis , MN Park State Bank
$1-2M MERIT CHEVEROLET COMPANY Saint paul , MN Park State Bank
$1-2M MICKMAN BROTHERS INC Ham lake , MN Park State Bank
$1-2M NORTHBROOK ND INVESTMENTS Minneapolis , MN Park State Bank
$1-2M PRESCRIPTION LANDSCAPE, INC. Saint paul , MN Park State Bank
$1-2M RDHN INVESTMENTS, LLC Minneapolis , MN Park State Bank
$1-2M REHN INVESTMENTS, LLC Minneapolis , MN Park State Bank
$350K-1M 112 EATERY Minneapolis , MN Park State Bank
$350K-1M AMPA, INC. Minneapolis , MN Park State Bank
$350K-1M ARCH LANGUAGE NETWORK, INC. Saint paul , MN Park State Bank
$350K-1M BACIO, INC. Hopkins , MN Park State Bank
$350K-1M BAR LA GRASSA, LLC Minneapolis , MN Park State Bank
$350K-1M BURCH CONCEPTS, LLC Minneapolis , MN Park State Bank
$350K-1M CHS ND INVESTMENTS, LLC Minneapolis , MN Park State Bank
$350K-1M DONALD HOLM CONSTRUCTION CO. INC. Duluth , MN Park State Bank
$350K-1M G&A DAFA INC. Minneapolis , MN Park State Bank

Frequently Asked Questions (FAQs)

A1: The CARES Act, officially known as the Coronavirus Aid, Relief, and Economic Security Act, is a federal law passed in March 2020 to provide economic relief to individuals, businesses, and healthcare providers affected by the COVID-19 pandemic.

The Paycheck Protection Program (PPP) is a part of the CARES Act designed to provide forgivable loans to small businesses to help cover payroll costs, rent, and other eligible expenses during the COVID-19 pandemic.

Small businesses, nonprofits, independent contractors, and self-employed individuals were generally eligible for PPP loans. Eligibility criteria and requirements may vary, so it's essential to check with the Small Business Administration (SBA) or your lender for specific details.

PPP loans were generally calculated based on a business's average monthly payroll costs. In most cases, businesses could receive up to 2.5 times their average monthly payroll costs, up to a maximum loan amount.

Yes, PPP loans are forgivable if the funds are used for eligible expenses like payroll, rent, and utilities. A certain percentage (usually 60% or more) of the loan must be used for payroll to qualify for full forgiveness

You can apply for a PPP loan through participating lenders, such as banks and credit unions. The SBA's website provides a list of lenders who participated in the program

Required documents typically include payroll records, tax forms, and other financial documents. Consult with your lender for specific documentation requirements

Deadlines for PPP loan applications have changed over time. It's essential to check the latest deadlines on the SBA's website or with your lender.

Yes, there is a second round of PPP loans (PPP2) available to eligible businesses. Requirements and eligibility criteria for PPP2 may differ from the first round.

You can request loan forgiveness through your lender by submitting the required documentation and forms. The forgiveness application process may vary based on the size and terms of your loan.