PPP Loan information for Propilots llc

$726,900

Propilots llc was initially approved for PPP Loan of amount $726,900, the current approved amount is $726,900. The loan was approved on 01/20/2021 by The Falcon National Bank reported 46 jobs and $726,900 was used to fund payroll.

Propilots llc is Existing or more than 2 years old

PROPILOTS LLC

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PROPILOTS LLC

Borrower Address

18503 Nickel Ave

Borrower City

Hutchinson

Borrower State

MN

Borrower Zip

55350-7127

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

726900.00

Current Approval Amount

726900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hutchinson

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-7127

CD

MN-07

Jobs Reported

46

NAICS Code

481211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

726897.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

732018.17

Forgiveness Date

10/06/2021

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