PPP Loan information for Acoustics associates, inc.

$2,500,000

Acoustics associates, inc. was initially approved for PPP Loan of amount $2,500,000, the current approved amount is $2,500,000. The loan was approved on 04/08/2020 by The Old National Bank reported 151 jobs and $2,500,000 was used to fund payroll.

Acoustics associates, inc. is Existing or more than 2 years old

ACOUSTICS ASSOCIATES, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ACOUSTICS ASSOCIATES, INC.

Borrower Address

1250 Zane Ave N

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55422-4608

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2500000.00

Current Approval Amount

2500000.00

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

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55422-4608

CD

MN-05

Jobs Reported

151

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2500000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2528767.12

Forgiveness Date

06/14/2021

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