PPP Loan information for Force science institute, ltd

$129,200

Force science institute, ltd was initially approved for PPP Loan of amount $146,600, the current approved amount is $129,200. The loan was approved on 04/03/2020 by The ProGrowth Bank reported 10 jobs and $129,200 was used to fund payroll.

Force science institute, ltd is Existing or more than 2 years old

PPP Loan Search / MN / MANKATO / Force science institute, ltd

FORCE SCIENCE INSTITUTE, LTD

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FORCE SCIENCE INSTITUTE, LTD

Borrower Address

124 E. WALNUT ST

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-1103

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146600.00

Current Approval Amount

129200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38693

Servicing Lender Name

ProGrowth Bank

Servicing Lender Address

703 3rd St

Servicing Lender City

NICOLLET

Servicing Lender State

MN

Servicing Lender Zip

56074-6074

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-1103

CD

MN-01

Jobs Reported

10

NAICS Code

541618

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

129200.00

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

Subchapter S Corporation

Originating Lender Location Id

38693

Originating Lender

ProGrowth Bank

Originating Lender City

NICOLLET

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130061.33

Forgiveness Date

12/10/2020

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