PPP Loan information for Office systems installation

$124,960

Office systems installation was initially approved for PPP Loan of amount $124,960, the current approved amount is $124,960. The loan was approved on 02/04/2021 by The Merchants Bank, National Association reported 14 jobs and $124,960 was used to fund payroll.

Office systems installation is Existing or more than 2 years old

OFFICE SYSTEMS INSTALLATION

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

OFFICE SYSTEMS INSTALLATION

Borrower Address

3821 Abercrombie Ln

Borrower City

Stillwater

Borrower State

MN

Borrower Zip

55082-4293

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124960.00

Current Approval Amount

124960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

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

55082-4293

CD

MN-04

Jobs Reported

14

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

124958.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125591.74

Forgiveness Date

08/11/2021

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