PPP Loan information for Compass delivery systems inc.

$431,782

Compass delivery systems inc. was initially approved for PPP Loan of amount $431,782, the current approved amount is $431,782. The loan was approved on 03/06/2021 by The Choice Financial Group reported 12 jobs and $431,782 was used to fund payroll.

Compass delivery systems inc. is Existing or more than 2 years old

COMPASS DELIVERY SYSTEMS INC.

Date Approved

03/06/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

COMPASS DELIVERY SYSTEMS INC.

Borrower Address

8801 Bass Lake Rd

Borrower City

New Hope

Borrower State

MN

Borrower Zip

55428-3012

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

431782.00

Current Approval Amount

431782.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

New Hope

Project County Name

HENNEPIN

Project State

MN

Project Zip

55428-3012

CD

MN-05

Jobs Reported

12

NAICS Code

492110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

431779.00

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

435673.95

Forgiveness Date

02/08/2022

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