PPP Loan information for Acrylic design associates inc

$1,468,500

Acrylic design associates inc was initially approved for PPP Loan of amount $1,468,500, the current approved amount is $1,468,500. The loan was approved on 04/05/2020 by The Bell Bank reported 95 jobs and $1,468,500 was used to fund payroll.

Acrylic design associates inc is Existing or more than 2 years old

ACRYLIC DESIGN ASSOCIATES INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ACRYLIC DESIGN ASSOCIATES INC

Borrower Address

6050 NATHAN LANE NORTH

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55442-1662

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1468500.00

Current Approval Amount

1468500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

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

55442-1662

CD

MN-03

Jobs Reported

95

NAICS Code

339950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1468500.00

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

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1478045.25

Forgiveness Date

12/08/2020

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