PPP Loan information for Citrus systems, inc.

$841,600

Citrus systems, inc. was initially approved for PPP Loan of amount $841,600, the current approved amount is $841,600. The loan was approved on 04/06/2020 by The Crown Bank reported 75 jobs and $841,600 was used to fund payroll.

Citrus systems, inc. is Existing or more than 2 years old

CITRUS SYSTEMS, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CITRUS SYSTEMS, INC.

Borrower Address

415 11TH AVE

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55343-7843

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

841600.00

Current Approval Amount

841600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124519

Servicing Lender Name

Crown Bank

Servicing Lender Address

6600 France Ave South, Ste 125

Servicing Lender City

EDINA

Servicing Lender State

MN

Servicing Lender Zip

55435-1802

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-7843

CD

MN-03

Jobs Reported

75

NAICS Code

311411

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

841600.00

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

124519

Originating Lender

Crown Bank

Originating Lender City

EDINA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

848056.11

Forgiveness Date

01/20/2021

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