PPP Loan information for Ion corporation

$1,346,000

Ion corporation was initially approved for PPP Loan of amount $1,346,000, the current approved amount is $1,346,000. The loan was approved on 04/10/2020 by The BMO Harris Bank National Association reported 59 jobs and $1,346,000 was used to fund payroll.

Ion corporation is Existing or more than 2 years old

ION CORPORATION

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ION CORPORATION

Borrower Address

7500 Equitable Drive

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55344-3673

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1346000.00

Current Approval Amount

1346000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDEN PRAIRIE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-3673

CD

MN-03

Jobs Reported

59

NAICS Code

334419

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1346000.00

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

Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1344967.67

Forgiveness Date

12/22/2020

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