PPP Loan information for Audio designs incorporated

$29,700

Audio designs incorporated was initially approved for PPP Loan of amount $29,700, the current approved amount is $29,700. The loan was approved on 04/10/2020 by The Merchants Bank, National Association reported 5 jobs and $29,700 was used to fund payroll.

Audio designs incorporated is Existing or more than 2 years old

PPP Loan Search / MN / WINONA / Audio designs incorporated

AUDIO DESIGNS INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AUDIO DESIGNS INCORPORATED

Borrower Address

1510 HEIGHTS BLVD

Borrower City

WINONA

Borrower State

MN

Borrower Zip

55987-2520

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29700.00

Current Approval Amount

29700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINONA

Project County Name

WINONA

Project State

MN

Project Zip

55987-2520

CD

MN-01

Jobs Reported

5

NAICS Code

443142

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

800.00

Payroll Proceed

24900.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29902.12

Forgiveness Date

12/22/2020

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