PPP Loan information for Virtelligence inc

$698,700

Virtelligence inc was initially approved for PPP Loan of amount $698,700, the current approved amount is $698,700. The loan was approved on 04/06/2020 by The Fidelity Bank reported 21 jobs and $698,700 was used to fund payroll.

Virtelligence inc is Existing or more than 2 years old

PPP Loan Search / MN / EDEN PRAIRIE / Virtelligence inc

VIRTELLIGENCE INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VIRTELLIGENCE INC

Borrower Address

6216 BAKER RD, SUITE 100

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55346-1928

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

698700.00

Current Approval Amount

698700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38024

Servicing Lender Name

Fidelity Bank

Servicing Lender Address

7600 Parklawn Ave

Servicing Lender City

EDINA

Servicing Lender State

MN

Servicing Lender Zip

55435-5125

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

55346-1928

CD

MN-03

Jobs Reported

21

NAICS Code

541512

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3600.00

Payroll Proceed

681100.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38024

Originating Lender

Fidelity Bank

Originating Lender City

EDINA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

707123.22

Forgiveness Date

06/24/2021

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