PPP Loan information for Innovative design & engineering associates of north branch,

$118,900

Innovative design & engineering associates of north branch, was initially approved for PPP Loan of amount $118,900, the current approved amount is $118,900. The loan was approved on 04/08/2020 by The Neighborhood National Bank reported 12 jobs and $118,900 was used to fund payroll.

Innovative design & engineering associates of north branch, is Existing or more than 2 years old

INNOVATIVE DESIGN & ENGINEERING ASSOCIATES OF NORTH BRANCH,

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INNOVATIVE DESIGN & ENGINEERING ASSOCIATES OF NORTH BRANCH,

Borrower Address

39570 GRAND AVE

Borrower City

NORTH BRANCH

Borrower State

MN

Borrower Zip

55056-5008

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118900.00

Current Approval Amount

118900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38639

Servicing Lender Name

Neighborhood National Bank

Servicing Lender Address

45 N Union St

Servicing Lender City

MORA

Servicing Lender State

MN

Servicing Lender Zip

55051-1327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRANCH

Project County Name

CHISAGO

Project State

MN

Project Zip

55056-5008

CD

MN-08

Jobs Reported

12

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

118900.00

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

38639

Originating Lender

Neighborhood National Bank

Originating Lender City

MORA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119755.42

Forgiveness Date

12/31/2020

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