PPP Loan information for Installation solutions inc

$363,100

Installation solutions inc was initially approved for PPP Loan of amount $363,100, the current approved amount is $363,100. The loan was approved on 04/13/2020 by The MidWestOne Bank reported 24 jobs and $363,100 was used to fund payroll.

Installation solutions inc is Existing or more than 2 years old

PPP Loan Search / MN / CHAMPLIN / Installation solutions inc

INSTALLATION SOLUTIONS INC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INSTALLATION SOLUTIONS INC

Borrower Address

11660 Theater Drive N Suite 250

Borrower City

CHAMPLIN

Borrower State

MN

Borrower Zip

55316

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

363100.00

Current Approval Amount

363100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAMPLIN

Project County Name

HENNEPIN

Project State

MN

Project Zip

55316-0001

CD

MN-03

Jobs Reported

24

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22693.75

Payroll Proceed

272325.00

Mortgage Interest Proceed

22693.75

Rent Proceed

22693.75

Refinance EIDL Proceed

0.00

Health Care Proceed

22693.75

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

365480.32

Forgiveness Date

12/15/2020

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