PPP Loan information for Launch servicing, llc

$397,845

Launch servicing, llc was initially approved for PPP Loan of amount $397,845, the current approved amount is $397,845. The loan was approved on 04/06/2020 by The Richland State Bank reported 25 jobs and $397,845 was used to fund payroll.

Launch servicing, llc is New Business or 2 years or less

PPP Loan Search / SD / SIOUX FALLS / Launch servicing, llc

LAUNCH SERVICING, LLC

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

LAUNCH SERVICING, LLC

Borrower Address

6009 S Sharon Avenue, Suite 105

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57108-5745

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

397845.00

Current Approval Amount

397845.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66467

Servicing Lender Name

Richland State Bank

Servicing Lender Address

602 First St

Servicing Lender City

BRUCE

Servicing Lender State

SD

Servicing Lender Zip

57220

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SIOUX FALLS

Project County Name

LINCOLN

Project State

SD

Project Zip

57108-5745

CD

SD-

Jobs Reported

25

NAICS Code

523920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

318276.00

Mortgage Interest Proceed

0.00

Rent Proceed

79569.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

66467

Originating Lender

Richland State Bank

Originating Lender City

BRUCE

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402707.55

Forgiveness Date

06/24/2021

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