PPP Loan information for Product development solutions

$649,668

Product development solutions was initially approved for PPP Loan of amount $649,668, the current approved amount is $649,668. The loan was approved on 02/04/2021 by The Fidelity Bank reported 56 jobs and $649,668 was used to fund payroll.

Product development solutions is Existing or more than 2 years old

PRODUCT DEVELOPMENT SOLUTIONS

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PRODUCT DEVELOPMENT SOLUTIONS

Borrower Address

1490 94th Ln NE

Borrower City

Blaine

Borrower State

MN

Borrower Zip

55449-4319

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

649667.75

Current Approval Amount

649667.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38024

Servicing Lender Name

Fidelity Bank

Servicing Lender Address

7600 Parklawn Ave

Servicing Lender City

EDINA

Servicing Lender State

MN

Servicing Lender Zip

55435-5125

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Blaine

Project County Name

ANOKA

Project State

MN

Project Zip

55449-4319

CD

MN-06

Jobs Reported

56

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

649666.75

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

38024

Originating Lender

Fidelity Bank

Originating Lender City

EDINA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

651995.73

Forgiveness Date

06/15/2021

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