PPP Loan information for Max impact marketing inc

$350,000

Max impact marketing inc was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 07/29/2020 by The Magnifi Financial CU reported 20 jobs and $350,000 was used to fund payroll.

Max impact marketing inc is Existing or more than 2 years old

PPP Loan Search / MN / Forest Lake / Max impact marketing inc

MAX IMPACT MARKETING INC

Date Approved

07/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAX IMPACT MARKETING INC

Borrower Address

169 First St NE

Borrower City

Forest Lake

Borrower State

MN

Borrower Zip

55025

Loan Status Date

09/10/2022

Loan Status

Charged Off

Term

34

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Forest Lake

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-0001

CD

MN-08

Jobs Reported

20

NAICS Code

522220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

350000.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

226601.78

Forgiveness Date

06/28/2022

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