PPP Loan information for Busintel consulting

$985,700

Busintel consulting was initially approved for PPP Loan of amount $985,700, the current approved amount is $985,700. The loan was approved on 04/04/2020 by The Drake Bank reported 101 jobs and $985,700 was used to fund payroll.

Busintel consulting is Existing or more than 2 years old

BUSINTEL CONSULTING

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BUSINTEL CONSULTING

Borrower Address

5843 Neal Ave. N.

Borrower City

STILLWATER

Borrower State

MN

Borrower Zip

55082-2177

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

985700.00

Current Approval Amount

985700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262368

Servicing Lender Name

Drake Bank

Servicing Lender Address

60 E Plato Blvd, Ste 100

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-1828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STILLWATER

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-2177

CD

MN-04

Jobs Reported

101

NAICS Code

812320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

100000.00

Payroll Proceed

740000.00

Mortgage Interest Proceed

30000.00

Rent Proceed

35700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

80000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

262368

Originating Lender

Drake Bank

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

981174.76

Forgiveness Date

11/03/2020

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