PPP Loan information for Impact technology, inc

$281,600

Impact technology, inc was initially approved for PPP Loan of amount $281,600, the current approved amount is $281,600. The loan was approved on 04/06/2020 by The Magnifi Financial CU reported 34 jobs and $281,600 was used to fund payroll.

Impact technology, inc is Existing or more than 2 years old

IMPACT TECHNOLOGY, INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

IMPACT TECHNOLOGY, INC

Borrower Address

608 7TH ST

Borrower City

LONG PRAIRIE

Borrower State

MN

Borrower Zip

56347-5558

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281600.00

Current Approval Amount

281600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG PRAIRIE

Project County Name

TODD

Project State

MN

Project Zip

56347-5558

CD

MN-07

Jobs Reported

34

NAICS Code

423420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

400.00

Payroll Proceed

211200.00

Mortgage Interest Proceed

0.00

Rent Proceed

70000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

283976.24

Forgiveness Date

02/16/2021

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