PPP Loan information for Power systems research inc.

$335,439

Power systems research inc. was initially approved for PPP Loan of amount $335,439, the current approved amount is $335,439. The loan was approved on 01/29/2021 by The Choice Financial Group reported 20 jobs and $335,439 was used to fund payroll.

Power systems research inc. is Existing or more than 2 years old

PPP Loan Search / MN / Eagan / Power systems research inc.

POWER SYSTEMS RESEARCH INC.

Date Approved

01/29/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

POWER SYSTEMS RESEARCH INC.

Borrower Address

1365 Corporate Center Curv

Borrower City

Eagan

Borrower State

MN

Borrower Zip

55121-1265

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

335439.00

Current Approval Amount

335439.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eagan

Project County Name

DAKOTA

Project State

MN

Project Zip

55121-1265

CD

MN-02

Jobs Reported

20

NAICS Code

519190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

335438.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

338517.69

Forgiveness Date

01/06/2022

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