PPP Loan information for Flextool corporation

$214,600

Flextool corporation was initially approved for PPP Loan of amount $214,600, the current approved amount is $214,600. The loan was approved on 04/10/2020 by The Premier Bank reported 18 jobs and $214,600 was used to fund payroll.

Flextool corporation is Existing or more than 2 years old

PPP Loan Search / MN / CHANHASSEN / Flextool corporation

FLEXTOOL CORPORATION

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FLEXTOOL CORPORATION

Borrower Address

8100 POWERS BLVD, Ste 120

Borrower City

CHANHASSEN

Borrower State

MN

Borrower Zip

55317-8105

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

214600.00

Current Approval Amount

214600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38359

Servicing Lender Name

Premier Bank

Servicing Lender Address

2866 White Bear Ave

Servicing Lender City

MAPLEWOOD

Servicing Lender State

MN

Servicing Lender Zip

55109-1301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANHASSEN

Project County Name

CARVER

Project State

MN

Project Zip

55317-8105

CD

MN-06

Jobs Reported

18

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

214600.00

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

38359

Originating Lender

Premier Bank

Originating Lender City

MAPLEWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

216281.03

Forgiveness Date

01/28/2021

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