PPP Loan information for Investment center

$24,552

Investment center was initially approved for PPP Loan of amount $24,552, the current approved amount is $24,552. The loan was approved on 04/15/2020 by The The Wanda State Bank reported 2 jobs and $24,552 was used to fund payroll.

Investment center is New Business or 2 years or less

INVESTMENT CENTER

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INVESTMENT CENTER

Borrower Address

16564 PRAIRIE AVE

Borrower City

SPRINGFIELD

Borrower State

MN

Borrower Zip

56087-3090

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24552.00

Current Approval Amount

24552.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38995

Servicing Lender Name

The Wanda State Bank

Servicing Lender Address

121 W Main St

Servicing Lender City

Wanda

Servicing Lender State

MN

Servicing Lender Zip

56294

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SPRINGFIELD

Project County Name

REDWOOD

Project State

MN

Project Zip

56087-3090

CD

MN-07

Jobs Reported

2

NAICS Code

523120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

24552.00

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

Sole Proprietorship

Originating Lender Location Id

38995

Originating Lender

The Wanda State Bank

Originating Lender City

Wanda

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24706.04

Forgiveness Date

12/08/2020

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