PPP Loan information for Edi systems, inc

$241,131

Edi systems, inc was initially approved for PPP Loan of amount $241,131, the current approved amount is $241,131. The loan was approved on 04/11/2020 by The Frandsen Bank & Trust reported 16 jobs and $241,131 was used to fund payroll.

Edi systems, inc is Existing or more than 2 years old

PPP Loan Search / MN / MINNETONKA / Edi systems, inc

EDI SYSTEMS, INC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EDI SYSTEMS, INC

Borrower Address

5929 BAKER ROAD SUITE #420

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55345-4770

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241131.00

Current Approval Amount

241131.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

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

55345-4770

CD

MN-03

Jobs Reported

16

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24113.00

Payroll Proceed

180849.00

Mortgage Interest Proceed

36169.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

242670.27

Forgiveness Date

12/10/2020

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