PPP Loan information for Equimed corporation

$154,500

Equimed corporation was initially approved for PPP Loan of amount $154,500, the current approved amount is $154,500. The loan was approved on 04/07/2020 by The First Minnetonka City Bank reported 11 jobs and $154,500 was used to fund payroll.

Equimed corporation is Existing or more than 2 years old

PPP Loan Search / MN / Plymouth / Equimed corporation

EQUIMED CORPORATION

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EQUIMED CORPORATION

Borrower Address

3300 FERNBROOK LN

Borrower City

Plymouth

Borrower State

MN

Borrower Zip

55447-5360

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154500.00

Current Approval Amount

154500.00

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

Plymouth

Project County Name

HENNEPIN

Project State

MN

Project Zip

55447-5360

CD

MN-03

Jobs Reported

11

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2346.00

Payroll Proceed

122995.00

Mortgage Interest Proceed

0.00

Rent Proceed

10969.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17968.00

Debt Interest Proceed

222

Business Type

Corporation

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

155366.92

Forgiveness Date

11/03/2020

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