PPP Loan information for Minnesota acoustics, inc.

$482,649

Minnesota acoustics, inc. was initially approved for PPP Loan of amount $482,649, the current approved amount is $482,649. The loan was approved on 04/07/2020 by The Fidelity Bank reported 26 jobs and $482,649 was used to fund payroll.

Minnesota acoustics, inc. is Existing or more than 2 years old

MINNESOTA ACOUSTICS, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA ACOUSTICS, INC.

Borrower Address

8750 JEFFERSON HWY

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55369-1540

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

482649.00

Current Approval Amount

482649.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38024

Servicing Lender Name

Fidelity Bank

Servicing Lender Address

7600 Parklawn Ave

Servicing Lender City

EDINA

Servicing Lender State

MN

Servicing Lender Zip

55435-5125

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-1540

CD

MN-03

Jobs Reported

26

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1520.41

Payroll Proceed

476586.61

Mortgage Interest Proceed

0.00

Rent Proceed

4541.98

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38024

Originating Lender

Fidelity Bank

Originating Lender City

EDINA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

485987.32

Forgiveness Date

12/22/2020

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