PPP Loan information for Practical solutions inc

$40,000

Practical solutions inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 02/11/2021 by The Commerce Bank reported 2 jobs and $40,000 was used to fund payroll.

Practical solutions inc is Existing or more than 2 years old

PPP Loan Search / OK / Sand Springs / Practical solutions inc

PRACTICAL SOLUTIONS INC

Date Approved

02/11/2021

SBA Office Code

0680

Processing Method

PPS

Borrower Name

PRACTICAL SOLUTIONS INC

Borrower Address

1511 E 10th St

Borrower City

Sand Springs

Borrower State

OK

Borrower Zip

74063-8996

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sand Springs

Project County Name

TULSA

Project State

OK

Project Zip

74063-8996

CD

OK-01

Jobs Reported

2

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39998.00

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40195.56

Forgiveness Date

08/19/2021

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