PPP Loan information for Underground solutions inc

$491,815

Underground solutions inc was initially approved for PPP Loan of amount $362,000, the current approved amount is $491,815. The loan was approved on 04/03/2020 by The The First National Bank in Sioux Falls reported 45 jobs and $491,815 was used to fund payroll.

Underground solutions inc is Existing or more than 2 years old

PPP Loan Search / SD / SIOUX FALLS / Underground solutions inc

UNDERGROUND SOLUTIONS INC

Date Approved

04/03/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

UNDERGROUND SOLUTIONS INC

Borrower Address

27077 Sundowner Ave

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57106-8010

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

362000.00

Current Approval Amount

491815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66602

Servicing Lender Name

The First National Bank in Sioux Falls

Servicing Lender Address

100 S Phillips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6745

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIOUX FALLS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57106-8010

CD

SD-

Jobs Reported

45

NAICS Code

237130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

419415.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

57400.00

Debt Interest Proceed

5000

Business Type

Subchapter S Corporation

Originating Lender Location Id

66602

Originating Lender

The First National Bank in Sioux Falls

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

494523.35

Forgiveness Date

11/03/2020

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