PPP Loan information for Install eight, inc.

$187,500

Install eight, inc. was initially approved for PPP Loan of amount $187,500, the current approved amount is $187,500. The loan was approved on 04/05/2020 by The The Bank of Elk River reported 15 jobs and $187,500 was used to fund payroll.

Install eight, inc. is New Business or 2 years or less

PPP Loan Search / MN / MAPLE GROVE / Install eight, inc.

INSTALL EIGHT, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INSTALL EIGHT, INC.

Borrower Address

11265 91ST AVE N

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55369-3912

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187500.00

Current Approval Amount

187500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-3912

CD

MN-03

Jobs Reported

15

NAICS Code

238150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

187500.00

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

Subchapter S Corporation

Originating Lender Location Id

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

189493.15

Forgiveness Date

05/10/2021

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