PPP Loan information for Asset managment systems, inc

$396,400

Asset managment systems, inc was initially approved for PPP Loan of amount $396,400, the current approved amount is $396,400. The loan was approved on 04/07/2020 by The Minnwest Bank reported 48 jobs and $396,400 was used to fund payroll.

Asset managment systems, inc is Existing or more than 2 years old

ASSET MANAGMENT SYSTEMS, INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ASSET MANAGMENT SYSTEMS, INC

Borrower Address

6251 BURY DR

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55346-1720

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

396400.00

Current Approval Amount

396400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDEN PRAIRIE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55346-1720

CD

MN-03

Jobs Reported

48

NAICS Code

561621

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

396400.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

400135.93

Forgiveness Date

04/19/2021

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