PPP Loan information for 1954 investment group, inc.

$510,800

1954 investment group, inc. was initially approved for PPP Loan of amount $562,500, the current approved amount is $510,800. The loan was approved on 04/15/2020 by The Cornerstone Bank reported 70 jobs and $510,800 was used to fund payroll.

1954 investment group, inc. is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / 1954 investment group, inc.

1954 INVESTMENT GROUP, INC.

Date Approved

04/15/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

1954 INVESTMENT GROUP, INC.

Borrower Address

1801 23RD AVE N #301

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-1047

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

562500.00

Current Approval Amount

510800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-1047

CD

ND-

Jobs Reported

70

NAICS Code

812112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

63850.00

Payroll Proceed

383100.00

Mortgage Interest Proceed

0.00

Rent Proceed

63850.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

515879.62

Forgiveness Date

04/21/2021

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