PPP Loan information for Ips development llc

$488,300

Ips development llc was initially approved for PPP Loan of amount $488,300, the current approved amount is $488,300. The loan was approved on 04/07/2020 by The Atlantic Union Bank reported 16 jobs and $488,300 was used to fund payroll.

Ips development llc is New Business or 2 years or less

IPS DEVELOPMENT LLC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

IPS DEVELOPMENT LLC

Borrower Address

2670 PATTON RD

Borrower City

ROSEVILLE

Borrower State

MN

Borrower Zip

55113-1136

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

488300.00

Current Approval Amount

488300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROSEVILLE

Project County Name

RAMSEY

Project State

MN

Project Zip

55113-1136

CD

MN-04

Jobs Reported

16

NAICS Code

531390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

488300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

494105.34

Forgiveness Date

07/01/2021

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