PPP Loan information for Industrial impact corporation

$128,600

Industrial impact corporation was initially approved for PPP Loan of amount $128,600, the current approved amount is $128,600. The loan was approved on 07/20/2020 by The Old National Bank reported 12 jobs and $128,600 was used to fund payroll.

Industrial impact corporation is Existing or more than 2 years old

PPP Loan Search / MN / FARMINGTON / Industrial impact corporation

INDUSTRIAL IMPACT CORPORATION

Date Approved

07/20/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INDUSTRIAL IMPACT CORPORATION

Borrower Address

314 Oak Street

Borrower City

FARMINGTON

Borrower State

MN

Borrower Zip

55024-1359

Loan Status Date

06/16/2021

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

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

128600.00

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

129597.09

Forgiveness Date

05/03/2021

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