PPP Loan information for Identisys incorporated

$2,000,000

Identisys incorporated was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/19/2021 by The Lake Community Bank reported 141 jobs and $2,000,000 was used to fund payroll.

Identisys incorporated is Existing or more than 2 years old

PPP Loan Search / MN / Eden Prairie / Identisys incorporated

IDENTISYS INCORPORATED

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

IDENTISYS INCORPORATED

Borrower Address

7630 Commerce Way

Borrower City

Eden Prairie

Borrower State

MN

Borrower Zip

55344-2002

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38325

Servicing Lender Name

Lake Community Bank

Servicing Lender Address

1964 W Wayzata Blvd

Servicing Lender City

LONG LAKE

Servicing Lender State

MN

Servicing Lender Zip

55356-9494

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eden Prairie

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-2002

CD

MN-03

Jobs Reported

141

NAICS Code

423430

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Subchapter S Corporation

Originating Lender Location Id

38325

Originating Lender

Lake Community Bank

Originating Lender City

LONG LAKE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2008277.78

Forgiveness Date

06/24/2021

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