PPP Loan information for Dispatchit, inc.

$1,800,000

Dispatchit, inc. was initially approved for PPP Loan of amount $1,800,000, the current approved amount is $1,800,000. The loan was approved on 04/05/2020 by The Choice Financial Group reported 112 jobs and $1,800,000 was used to fund payroll.

Dispatchit, inc. is New Business or 2 years or less

PPP Loan Search / MN / BLOOMINGTON / Dispatchit, inc.

DISPATCHIT, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DISPATCHIT, INC.

Borrower Address

1401 94TH ST

Borrower City

BLOOMINGTON

Borrower State

MN

Borrower Zip

55431-2352

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1800000.00

Current Approval Amount

1800000.00

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

New Business or 2 years or less

Project City

BLOOMINGTON

Project County Name

HENNEPIN

Project State

MN

Project Zip

55431-2352

CD

MN-03

Jobs Reported

112

NAICS Code

492110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1800000.00

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

1813709.59

Forgiveness Date

01/20/2021

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