PPP Loan information for Inspire innovation lab

$21,662

Inspire innovation lab was initially approved for PPP Loan of amount $21,662, the current approved amount is $21,662. The loan was approved on 03/06/2021 by The Bell Bank reported 6 jobs and $21,662 was used to fund payroll.

Inspire innovation lab is Existing or more than 2 years old

INSPIRE INNOVATION LAB

Date Approved

03/06/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

INSPIRE INNOVATION LAB

Borrower Address

423 Main Ave

Borrower City

Moorhead

Borrower State

MN

Borrower Zip

56560-2657

Loan Status Date

08/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21662.00

Current Approval Amount

21662.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Moorhead

Project County Name

CLAY

Project State

MN

Project Zip

56560-2657

CD

MN-07

Jobs Reported

6

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

21660.00

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

Non-Profit Organization

Originating Lender Location Id

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

21952.63

Forgiveness Date

07/14/2022

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