PPP Loan information for Ion corporation

$618,620

Ion corporation was initially approved for PPP Loan of amount $618,620, the current approved amount is $618,620. The loan was approved on 02/09/2021 by The Metropolitan Economic Development Association reported 55 jobs and $618,620 was used to fund payroll.

Ion corporation is Existing or more than 2 years old

PPP Loan Search / MN / Eden Prairie / Ion corporation

ION CORPORATION

Date Approved

02/09/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ION CORPORATION

Borrower Address

7500 Equitable Dr

Borrower City

Eden Prairie

Borrower State

MN

Borrower Zip

55344-3673

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

618620.22

Current Approval Amount

618620.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

489496

Servicing Lender Name

Metropolitan Economic Development Association

Servicing Lender Address

1256 Penn Avenue North Suite 4800

Servicing Lender City

Minneapolis

Servicing Lender State

MN

Servicing Lender Zip

55411

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

55

NAICS Code

334418

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

618614.22

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

489496

Originating Lender

Metropolitan Economic Development Association

Originating Lender City

Minneapolis

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

621772.64

Forgiveness Date

08/24/2021

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