PPP Loan information for Heartbeat studios inc

$27,000

Heartbeat studios inc was initially approved for PPP Loan of amount $27,000, the current approved amount is $27,000. The loan was approved on 04/07/2020 by The Merchants Bank, National Association reported 12 jobs and $27,000 was used to fund payroll.

Heartbeat studios inc is Existing or more than 2 years old

HEARTBEAT STUDIOS INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HEARTBEAT STUDIOS INC

Borrower Address

7661 145TH ST

Borrower City

Apple Valley

Borrower State

MN

Borrower Zip

55124-7516

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27000.00

Current Approval Amount

27000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Apple Valley

Project County Name

DAKOTA

Project State

MN

Project Zip

55124-7516

CD

MN-02

Jobs Reported

12

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27000.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27333.75

Forgiveness Date

07/07/2021

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