PPP Loan information for Update ltd

$176,500

Update ltd was initially approved for PPP Loan of amount $176,500, the current approved amount is $176,500. The loan was approved on 04/13/2020 by The Old National Bank reported 11 jobs and $176,500 was used to fund payroll.

Update ltd is Existing or more than 2 years old

PPP Loan Search / MN / CHASKA / Update ltd

UPDATE LTD

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

UPDATE LTD

Borrower Address

134 PEAVEY CIR

Borrower City

CHASKA

Borrower State

MN

Borrower Zip

55318-2347

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176500.00

Current Approval Amount

176500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHASKA

Project County Name

CARVER

Project State

MN

Project Zip

55318-2347

CD

MN-06

Jobs Reported

11

NAICS Code

423990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

176500.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

167362.15

Forgiveness Date

11/03/2020

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