PPP Loan information for Idc-automatic llc

$682,811

Idc-automatic llc was initially approved for PPP Loan of amount $682,811, the current approved amount is $682,811. The loan was approved on 02/03/2021 by The Choice Financial Group reported 51 jobs and $682,811 was used to fund payroll.

Idc-automatic llc is Existing or more than 2 years old

IDC-AUTOMATIC LLC

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

IDC-AUTOMATIC LLC

Borrower Address

360 Coon Rapids Blvd NW

Borrower City

Coon Rapids

Borrower State

MN

Borrower Zip

55433-5622

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

682811.00

Current Approval Amount

682811.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Coon Rapids

Project County Name

ANOKA

Project State

MN

Project Zip

55433-5622

CD

MN-03

Jobs Reported

51

NAICS Code

238350

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

682806.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

685373.88

Forgiveness Date

06/23/2021

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