PPP Loan information for Emergent systems exchange llc

$516,787

Emergent systems exchange llc was initially approved for PPP Loan of amount $516,787, the current approved amount is $516,787. The loan was approved on 03/31/2021 by The Tradition Capital Bank reported 69 jobs and $516,787 was used to fund payroll.

Emergent systems exchange llc is Existing or more than 2 years old

EMERGENT SYSTEMS EXCHANGE LLC

Date Approved

03/31/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

EMERGENT SYSTEMS EXCHANGE LLC

Borrower Address

7160 Shady Oak Rd

Borrower City

Eden Prairie

Borrower State

MN

Borrower Zip

55344-3517

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

516787.00

Current Approval Amount

516787.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434701

Servicing Lender Name

Tradition Capital Bank

Servicing Lender Address

100 West Lake St

Servicing Lender City

WAYZATA

Servicing Lender State

MN

Servicing Lender Zip

55391

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eden Prairie

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-3517

CD

MN-03

Jobs Reported

69

NAICS Code

541519

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

516784.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

434701

Originating Lender

Tradition Capital Bank

Originating Lender City

WAYZATA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

521855.76

Forgiveness Date

03/30/2022

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