PPP Loan information for Direct source, inc.

$982,600

Direct source, inc. was initially approved for PPP Loan of amount $1,063,700, the current approved amount is $982,600. The loan was approved on 04/04/2020 by The Choice Financial Group reported 60 jobs and $982,600 was used to fund payroll.

Direct source, inc. is Existing or more than 2 years old

PPP Loan Search / MN / CHANHASSEN / Direct source, inc.

DIRECT SOURCE, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DIRECT SOURCE, INC.

Borrower Address

8176 Mallory Court

Borrower City

CHANHASSEN

Borrower State

MN

Borrower Zip

55317-8586

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1063700.00

Current Approval Amount

982600.00

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

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

55317-8586

CD

MN-06

Jobs Reported

60

NAICS Code

423430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

982600.00

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

Unanswered

Non Profit

Forgiveness Amount

988091.79

Forgiveness Date

11/05/2020

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