PPP Loan information for Alarm & communication systems inc

$59,800

Alarm & communication systems inc was initially approved for PPP Loan of amount $59,800, the current approved amount is $59,800. The loan was approved on 04/27/2020 by The MidCountry Bank reported 4 jobs and $59,800 was used to fund payroll.

Alarm & communication systems inc is Existing or more than 2 years old

ALARM & COMMUNICATION SYSTEMS INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALARM & COMMUNICATION SYSTEMS INC

Borrower Address

1920 UPPER 55TH ST

Borrower City

INVER GROVE HEIGHTS

Borrower State

MN

Borrower Zip

55077-1697

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59800.00

Current Approval Amount

59800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INVER GROVE HEIGHTS

Project County Name

DAKOTA

Project State

MN

Project Zip

55077-1697

CD

MN-02

Jobs Reported

4

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55515.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4285.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60298.06

Forgiveness Date

03/05/2021

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