PPP Loan information for Launch logistix inc

$180,000

Launch logistix inc was initially approved for PPP Loan of amount $180,000, the current approved amount is $180,000. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 9 jobs and $180,000 was used to fund payroll.

Launch logistix inc is Existing or more than 2 years old

PPP Loan Search / MN / BLOOMINGTON / Launch logistix inc

LAUNCH LOGISTIX INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAUNCH LOGISTIX INC

Borrower Address

6667 OLD RD W

Borrower City

BLOOMINGTON

Borrower State

MN

Borrower Zip

55438

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180000.00

Current Approval Amount

180000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

HENNEPIN

Project State

MN

Project Zip

55438-0001

CD

MN-03

Jobs Reported

9

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

180000.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

181365.00

Forgiveness Date

01/20/2021

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