PPP Loan information for Digital audio labs

$168,100

Digital audio labs was initially approved for PPP Loan of amount $168,100, the current approved amount is $168,100. The loan was approved on 01/22/2021 by The Old National Bank reported 11 jobs and $168,100 was used to fund payroll.

Digital audio labs is Existing or more than 2 years old

DIGITAL AUDIO LABS

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DIGITAL AUDIO LABS

Borrower Address

1266 Park Rd

Borrower City

Chanhassen

Borrower State

MN

Borrower Zip

55317-9260

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

168100.00

Current Approval Amount

168100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chanhassen

Project County Name

CARVER

Project State

MN

Project Zip

55317-9260

CD

MN-06

Jobs Reported

11

NAICS Code

334310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

168100.00

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

170089.57

Forgiveness Date

04/05/2022

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