PPP Loan information for Proact inc.

$1,925,270

Proact inc. was initially approved for PPP Loan of amount $1,925,270, the current approved amount is $1,925,270. The loan was approved on 03/24/2021 by The Old National Bank reported 230 jobs and $1,925,270 was used to fund payroll.

Proact inc. is Existing or more than 2 years old

PPP Loan Search / MN / Saint Paul / Proact inc.

PROACT INC.

Date Approved

03/24/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PROACT INC.

Borrower Address

3195 Neil Armstrong Blvd

Borrower City

Saint Paul

Borrower State

MN

Borrower Zip

55121-2256

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1925270.00

Current Approval Amount

1925270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Paul

Project County Name

DAKOTA

Project State

MN

Project Zip

55121-2256

CD

MN-02

Jobs Reported

230

NAICS Code

624310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1925267.00

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

Non-Profit Organization

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1941832.60

Forgiveness Date

02/04/2022

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