PPP Loan information for Ion 4 group

$250,000

Ion 4 group was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 01/25/2021 by The MidCountry Bank reported 28 jobs and $250,000 was used to fund payroll.

Ion 4 group is Existing or more than 2 years old

ION 4 GROUP

Date Approved

01/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ION 4 GROUP

Borrower Address

1310 Highway 96 E Ste 220

Borrower City

White Bear Lake

Borrower State

MN

Borrower Zip

55110-3619

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

White Bear Lake

Project County Name

RAMSEY

Project State

MN

Project Zip

55110-3619

CD

MN-04

Jobs Reported

28

NAICS Code

238190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

249996.00

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

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

251863.01

Forgiveness Date

11/03/2021

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