PPP Loan information for Proseed, inc

$355,000

Proseed, inc was initially approved for PPP Loan of amount $355,000, the current approved amount is $355,000. The loan was approved on 04/08/2020 by The First International Bank & Trust reported 23 jobs and $355,000 was used to fund payroll.

Proseed, inc is Existing or more than 2 years old

PROSEED, INC

Date Approved

04/08/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

PROSEED, INC

Borrower Address

705 E BREWSTER ST

Borrower City

HARVEY

Borrower State

ND

Borrower Zip

58341-1630

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

355000.00

Current Approval Amount

355000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52970

Servicing Lender Name

First International Bank & Trust

Servicing Lender Address

100 N Main St

Servicing Lender City

WATFORD CITY

Servicing Lender State

ND

Servicing Lender Zip

58854

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HARVEY

Project County Name

WELLS

Project State

ND

Project Zip

58341-1630

CD

ND-

Jobs Reported

23

NAICS Code

424510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

355000.00

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

52970

Originating Lender

First International Bank & Trust

Originating Lender City

WATFORD CITY

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

357051.11

Forgiveness Date

11/05/2020

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