PPP Loan information for Penn strategic imports inc.

$142,500

Penn strategic imports inc. was initially approved for PPP Loan of amount $142,500, the current approved amount is $142,500. The loan was approved on 02/11/2021 by The BMO Harris Bank National Association reported 10 jobs and $142,500 was used to fund payroll.

Penn strategic imports inc. is Existing or more than 2 years old

PENN STRATEGIC IMPORTS INC.

Date Approved

02/11/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PENN STRATEGIC IMPORTS INC.

Borrower Address

10201 Wayzata Blvd Ste 250

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55305-1503

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142500.00

Current Approval Amount

142500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Minnetonka

Project County Name

HENNEPIN

Project State

MN

Project Zip

55305-1503

CD

MN-03

Jobs Reported

10

NAICS Code

423130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

142498.00

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

Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

143589.25

Forgiveness Date

12/01/2021

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