PPP Loan information for Flextech inc

$643,188

Flextech inc was initially approved for PPP Loan of amount $533,220, the current approved amount is $643,188. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 40 jobs and $643,188 was used to fund payroll.

Flextech inc is New Business or 2 years or less

FLEXTECH INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FLEXTECH INC

Borrower Address

7300 W 27TH ST

Borrower City

ST LOUIS PARK

Borrower State

MN

Borrower Zip

55426-3145

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

533220.00

Current Approval Amount

643188.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ST LOUIS PARK

Project County Name

HENNEPIN

Project State

MN

Project Zip

55426-3145

CD

MN-05

Jobs Reported

40

NAICS Code

326199

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

643188.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

637229.99

Forgiveness Date

12/17/2020

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