PPP Loan information for Reach sports marketing group, inc.

$611,600

Reach sports marketing group, inc. was initially approved for PPP Loan of amount $675,000, the current approved amount is $611,600. The loan was approved on 04/03/2020 by The Choice Financial Group reported 40 jobs and $611,600 was used to fund payroll.

Reach sports marketing group, inc. is Existing or more than 2 years old

REACH SPORTS MARKETING GROUP, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

REACH SPORTS MARKETING GROUP, INC.

Borrower Address

6440 FLYING CLOUD DR, STE 225

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55344-3308

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

675000.00

Current Approval Amount

611600.00

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

EDEN PRAIRIE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-3308

CD

MN-03

Jobs Reported

40

NAICS Code

541890

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

611600.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

615286.36

Forgiveness Date

11/23/2020

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