PPP Loan information for Vertical fitness groupllc

$530,990

Vertical fitness groupllc was initially approved for PPP Loan of amount $530,990, the current approved amount is $530,990. The loan was approved on 01/27/2021 by The Choice Financial Group reported 127 jobs and $530,990 was used to fund payroll.

Vertical fitness groupllc is Existing or more than 2 years old

VERTICAL FITNESS GROUPLLC

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

VERTICAL FITNESS GROUPLLC

Borrower Address

7500 Flying Cloud Dr

Borrower City

Eden Prairie

Borrower State

MN

Borrower Zip

55344-3748

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

530990.00

Current Approval Amount

530990.00

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

55344-3748

CD

MN-03

Jobs Reported

127

NAICS Code

713940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

530986.00

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

Limited Liability Company(LLC)

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

537827.41

Forgiveness Date

05/19/2022

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