PPP Loan information for Source engineering & manufacturing llc

$119,794

Source engineering & manufacturing llc was initially approved for PPP Loan of amount $119,794, the current approved amount is $119,794. The loan was approved on 02/12/2021 by The U.S. Bank, National Association reported 15 jobs and $119,794 was used to fund payroll.

Source engineering & manufacturing llc is Existing or more than 2 years old

SOURCE ENGINEERING & MANUFACTURING LLC

Date Approved

02/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SOURCE ENGINEERING & MANUFACTURING LLC

Borrower Address

2600 Fernbrook Ln N Ste 110

Borrower City

Plymouth

Borrower State

MN

Borrower Zip

55447-4752

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119794.00

Current Approval Amount

119794.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

HENNEPIN

Project State

MN

Project Zip

55447-4752

CD

MN-03

Jobs Reported

15

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119792.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120918.73

Forgiveness Date

01/21/2022

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