PPP Loan information for Industrial pneumatic systems inc

$105,353

Industrial pneumatic systems inc was initially approved for PPP Loan of amount $105,353, the current approved amount is $105,353. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 9 jobs and $105,353 was used to fund payroll.

Industrial pneumatic systems inc is Existing or more than 2 years old

PPP Loan Search / MN / NEW PRAGUE / Industrial pneumatic systems inc

INDUSTRIAL PNEUMATIC SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INDUSTRIAL PNEUMATIC SYSTEMS INC

Borrower Address

700 6TH ST NW

Borrower City

NEW PRAGUE

Borrower State

MN

Borrower Zip

56071

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105353.00

Current Approval Amount

105353.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW PRAGUE

Project County Name

LE SUEUR

Project State

MN

Project Zip

56071-0001

CD

MN-02

Jobs Reported

9

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

105353.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106356.78

Forgiveness Date

04/26/2021

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