PPP Loan information for Photolab properties inc.

$640,500

Photolab properties inc. was initially approved for PPP Loan of amount $640,500, the current approved amount is $640,500. The loan was approved on 01/19/2021 by The Woodlands National Bank reported 44 jobs and $640,500 was used to fund payroll.

Photolab properties inc. is Existing or more than 2 years old

PPP Loan Search / MN / Golden Valley / Photolab properties inc.

PHOTOLAB PROPERTIES INC.

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PHOTOLAB PROPERTIES INC.

Borrower Address

5900 Olson Memorial Hwy

Borrower City

Golden Valley

Borrower State

MN

Borrower Zip

55422-4917

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

640500.00

Current Approval Amount

640500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38241

Servicing Lender Name

Woodlands National Bank

Servicing Lender Address

122 E Main St

Servicing Lender City

HINCKLEY

Servicing Lender State

MN

Servicing Lender Zip

55037

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Golden Valley

Project County Name

HENNEPIN

Project State

MN

Project Zip

55422-4917

CD

MN-05

Jobs Reported

44

NAICS Code

323111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

640497.00

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

38241

Originating Lender

Woodlands National Bank

Originating Lender City

HINCKLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

646424.62

Forgiveness Date

12/22/2021

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