PPP Loan information for Bug inc

$38,500

Bug inc was initially approved for PPP Loan of amount $38,500, the current approved amount is $38,500. The loan was approved on 04/06/2020 by The First Minnetonka City Bank reported 4 jobs and $38,500 was used to fund payroll.

Bug inc is Existing or more than 2 years old

PPP Loan Search / MN / SHAKOPEE / Bug inc

BUG INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BUG INC

Borrower Address

441 1ST AVE

Borrower City

SHAKOPEE

Borrower State

MN

Borrower Zip

55379-1205

Loan Status Date

11/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38500.00

Current Approval Amount

38500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-1205

CD

MN-02

Jobs Reported

4

NAICS Code

532310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

300.00

Payroll Proceed

29500.00

Mortgage Interest Proceed

0.00

Rent Proceed

7500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

870.00

Debt Interest Proceed

330

Business Type

Corporation

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38711.75

Forgiveness Date

10/29/2020

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