PPP Loan information for Launch logistix inc.

$132,172

Launch logistix inc. was initially approved for PPP Loan of amount $132,172, the current approved amount is $132,172. The loan was approved on 02/12/2021 by The U.S. Bank, National Association reported 8 jobs and $132,172 was used to fund payroll.

Launch logistix inc. is Existing or more than 2 years old

LAUNCH LOGISTIX INC.

Date Approved

02/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LAUNCH LOGISTIX INC.

Borrower Address

6667 OLD RD W 109

Borrower City

BLOOMINGTON

Borrower State

MN

Borrower Zip

55438

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

132172.00

Current Approval Amount

132172.00

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

CD

MN-03

Jobs Reported

8

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

132170.00

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

132770.45

Forgiveness Date

07/30/2021

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