PPP Loan information for On systems inc.

$54,600

On systems inc. was initially approved for PPP Loan of amount $54,600, the current approved amount is $54,600. The loan was approved on 04/07/2020 by The Mid Minnesota FCU reported 4 jobs and $54,600 was used to fund payroll.

On systems inc. is Existing or more than 2 years old

ON SYSTEMS INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ON SYSTEMS INC.

Borrower Address

7463 DOVE ST

Borrower City

PEQUOT LAKES

Borrower State

MN

Borrower Zip

56472-6719

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54600.00

Current Approval Amount

54600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99592

Servicing Lender Name

Mid Minnesota FCU

Servicing Lender Address

13283 Isle Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-8554

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEQUOT LAKES

Project County Name

CROW WING

Project State

MN

Project Zip

56472-6719

CD

MN-08

Jobs Reported

4

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13650.00

Payroll Proceed

40950.00

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

99592

Originating Lender

Mid Minnesota FCU

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55063.73

Forgiveness Date

02/19/2021

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