PPP Loan information for Falcon technology solutions

$60,200

Falcon technology solutions was initially approved for PPP Loan of amount $60,200, the current approved amount is $60,200. The loan was approved on 04/07/2020 by The Prime Security Bank reported 3 jobs and $60,200 was used to fund payroll.

Falcon technology solutions is Existing or more than 2 years old

PPP Loan Search / MN / RICHFIELD / Falcon technology solutions

FALCON TECHNOLOGY SOLUTIONS

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FALCON TECHNOLOGY SOLUTIONS

Borrower Address

1620 E 78TH ST

Borrower City

RICHFIELD

Borrower State

MN

Borrower Zip

55423-4637

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60200.00

Current Approval Amount

60200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38270

Servicing Lender Name

Prime Security Bank

Servicing Lender Address

201 Main St

Servicing Lender City

KARLSTAD

Servicing Lender State

MN

Servicing Lender Zip

56732

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHFIELD

Project County Name

HENNEPIN

Project State

MN

Project Zip

55423-4637

CD

MN-03

Jobs Reported

3

NAICS Code

511210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

0.00

Mortgage Interest Proceed

58700.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38270

Originating Lender

Prime Security Bank

Originating Lender City

KARLSTAD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57520.96

Forgiveness Date

11/09/2020

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