PPP Loan information for Archnet, inc

$23,392

Archnet, inc was initially approved for PPP Loan of amount $23,392, the current approved amount is $23,392. The loan was approved on 04/28/2020 by The Lake Elmo Bank reported 2 jobs and $23,392 was used to fund payroll.

Archnet, inc is Existing or more than 2 years old

ARCHNET, INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ARCHNET, INC

Borrower Address

333 MAIN ST Suite 201

Borrower City

STILLWATER

Borrower State

MN

Borrower Zip

55082-5794

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23392.00

Current Approval Amount

23392.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38298

Servicing Lender Name

Lake Elmo Bank

Servicing Lender Address

11465 39th St N

Servicing Lender City

LAKE ELMO

Servicing Lender State

MN

Servicing Lender Zip

55042-7525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STILLWATER

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-5794

CD

MN-04

Jobs Reported

2

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20992.00

Mortgage Interest Proceed

0.00

Rent Proceed

2400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38298

Originating Lender

Lake Elmo Bank

Originating Lender City

LAKE ELMO

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23571.45

Forgiveness Date

02/09/2021

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