PPP Loan information for Network design inc

$2,000,000

Network design inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/09/2021 by The Bremer Bank, National Association reported 98 jobs and $2,000,000 was used to fund payroll.

Network design inc is Existing or more than 2 years old

PPP Loan Search / MN / Plymouth / Network design inc

NETWORK DESIGN INC

Date Approved

04/09/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NETWORK DESIGN INC

Borrower Address

171 Cheshire Ln N Ste 700

Borrower City

Plymouth

Borrower State

MN

Borrower Zip

55441-5477

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

HENNEPIN

Project State

MN

Project Zip

55441-5477

CD

MN-03

Jobs Reported

98

NAICS Code

519190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2018630.14

Forgiveness Date

03/21/2022

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