PPP Loan information for Factright, llc

$321,700

Factright, llc was initially approved for PPP Loan of amount $321,700, the current approved amount is $321,700. The loan was approved on 04/28/2020 by The Alerus Financial, National Association reported 17 jobs and $321,700 was used to fund payroll.

Factright, llc is Existing or more than 2 years old

PPP Loan Search / MN / EDEN PRAIRIE / Factright, llc

FACTRIGHT, LLC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FACTRIGHT, LLC

Borrower Address

7500 FLYING CLOUD DRIVE, SUITE 755

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55344-0013

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

321700.00

Current Approval Amount

321700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

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

55344-0013

CD

MN-03

Jobs Reported

17

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

80425.00

Payroll Proceed

241275.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

323317.44

Forgiveness Date

11/03/2020

;