PPP Loan information for 508 corporation

$33,040

508 corporation was initially approved for PPP Loan of amount $33,040, the current approved amount is $33,040. The loan was approved on 04/11/2020 by The Crown Bank reported 5 jobs and $33,040 was used to fund payroll.

508 corporation is Existing or more than 2 years old

508 CORPORATION

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

508 CORPORATION

Borrower Address

8790 EXCELSIOR BLVD

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55343-3410

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33040.00

Current Approval Amount

33040.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124519

Servicing Lender Name

Crown Bank

Servicing Lender Address

6600 France Ave South, Ste 125

Servicing Lender City

EDINA

Servicing Lender State

MN

Servicing Lender Zip

55435-1802

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-3410

CD

MN-03

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

33040.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

124519

Originating Lender

Crown Bank

Originating Lender City

EDINA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

33309.75

Forgiveness Date

02/09/2021

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