PPP Loan information for Global it solutions, inc

$110,769

Global it solutions, inc was initially approved for PPP Loan of amount $117,500, the current approved amount is $110,769. The loan was approved on 04/08/2020 by The Home Federal Savings Bank reported 9 jobs and $110,769 was used to fund payroll.

Global it solutions, inc is Existing or more than 2 years old

GLOBAL IT SOLUTIONS, INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GLOBAL IT SOLUTIONS, INC

Borrower Address

668 LOIS LN

Borrower City

LINO LAKES

Borrower State

MN

Borrower Zip

55014-5498

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117500.00

Current Approval Amount

110769.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINO LAKES

Project County Name

ANOKA

Project State

MN

Project Zip

55014-5498

CD

MN-06

Jobs Reported

9

NAICS Code

541519

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

110769.00

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

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111778.23

Forgiveness Date

03/10/2021

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