Date Approved
04/15/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
MEDNET SOLUTIONS, INC.
Borrower Address
110 Cheshire Lane Suite 300
Borrower City
HOPKINS
Borrower State
MN
Borrower Zip
55305-1070
Loan Status Date
02/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1226222.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
317920
Servicing Lender Name
Western Alliance Bank
Servicing Lender Address
1 E Washington St
Servicing Lender City
PHOENIX
Servicing Lender State
AZ
Servicing Lender Zip
85004-2492
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HENNEPIN
Project State
Project Zip
CD
MN-03
Jobs Reported
62
NAICS Code
541990
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
1087222.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
139000.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1235076.03
Forgiveness Date
01/07/2021