PPP Loan information for Prototype and production systems, inc

$334,400

Prototype and production systems, inc was initially approved for PPP Loan of amount $334,400, the current approved amount is $334,400. The loan was approved on 04/12/2020 by The VisionBank reported 24 jobs and $334,400 was used to fund payroll.

Prototype and production systems, inc is Existing or more than 2 years old

PPP Loan Search / MN / Brooklyn Center / Prototype and production systems, inc

PROTOTYPE AND PRODUCTION SYSTEMS, INC

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROTOTYPE AND PRODUCTION SYSTEMS, INC

Borrower Address

4830 Azelia Ave North

Borrower City

Brooklyn Center

Borrower State

MN

Borrower Zip

55429-3801

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

334400.00

Current Approval Amount

334400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

435423

Servicing Lender Name

VisionBank

Servicing Lender Address

3059 Joppa Ave South

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-4458

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn Center

Project County Name

HENNEPIN

Project State

MN

Project Zip

55429-3801

CD

MN-05

Jobs Reported

24

NAICS Code

325910

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5442.00

Payroll Proceed

259408.00

Mortgage Interest Proceed

0.00

Rent Proceed

33057.00

Refinance EIDL Proceed

0.00

Health Care Proceed

28694.00

Debt Interest Proceed

7799

Business Type

Corporation

Originating Lender Location Id

435423

Originating Lender

VisionBank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

336378.53

Forgiveness Date

11/20/2020

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