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
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
Servicing Lender Zip
56352-1356
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
TODD
Project State
Project Zip
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
Rent Proceed
70000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
283976.24
Forgiveness Date
02/16/2021