PPP Loan information for Art effects, inc.

$101,700

Art effects, inc. was initially approved for PPP Loan of amount $101,700, the current approved amount is $101,700. The loan was approved on 04/06/2020 by The Choice Financial Group reported 12 jobs and $101,700 was used to fund payroll.

Art effects, inc. is Existing or more than 2 years old

ART EFFECTS, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ART EFFECTS, INC.

Borrower Address

3715 50th Avenue N

Borrower City

Brooklyn Center

Borrower State

MN

Borrower Zip

55429-3912

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101700.00

Current Approval Amount

101700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn Center

Project County Name

HENNEPIN

Project State

MN

Project Zip

55429-3912

CD

MN-05

Jobs Reported

12

NAICS Code

453920

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

101700.00

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

Corporation

Originating Lender Location Id

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102928.76

Forgiveness Date

07/02/2021

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