PPP Loan information for Industrial impact corp

$128,600

Industrial impact corp was initially approved for PPP Loan of amount $128,600, the current approved amount is $128,600. The loan was approved on 02/24/2021 by The Old National Bank reported 12 jobs and $128,600 was used to fund payroll.

Industrial impact corp is Existing or more than 2 years old

INDUSTRIAL IMPACT CORP

Date Approved

02/24/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

INDUSTRIAL IMPACT CORP

Borrower Address

314 Oak St

Borrower City

Farmington

Borrower State

MN

Borrower Zip

55024-1359

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

128600.00

Current Approval Amount

128600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

DAKOTA

Project State

MN

Project Zip

55024-1359

CD

MN-02

Jobs Reported

12

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

128599.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

129600.61

Forgiveness Date

12/14/2021

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