PPP Loan information for Impact technology inc

$261,522

Impact technology inc was initially approved for PPP Loan of amount $261,522, the current approved amount is $261,522. The loan was approved on 02/11/2021 by The Magnifi Financial CU reported 32 jobs and $261,522 was used to fund payroll.

Impact technology inc is Existing or more than 2 years old

PPP Loan Search / MN / Long Prairie / Impact technology inc

IMPACT TECHNOLOGY INC

Date Approved

02/11/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

IMPACT TECHNOLOGY INC

Borrower Address

608 7th St NE

Borrower City

Long Prairie

Borrower State

MN

Borrower Zip

56347-5558

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

261522.00

Current Approval Amount

261522.00

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

Y

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

32

NAICS Code

423420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

261520.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

262804.53

Forgiveness Date

08/17/2021

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