PPP Loan information for Direct source inc.

$1,002,356

Direct source inc. was initially approved for PPP Loan of amount $1,002,356, the current approved amount is $1,002,356. The loan was approved on 01/25/2021 by The Choice Financial Group reported 67 jobs and $1,002,356 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

01/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DIRECT SOURCE INC.

Borrower Address

8176 Mallory Ct

Borrower City

Chanhassen

Borrower State

MN

Borrower Zip

55317-8586

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1002356.00

Current Approval Amount

1002356.00

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

67

NAICS Code

423490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1002354.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1011473.32

Forgiveness Date

01/03/2022

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