PPP Loan information for Outsell corporation

$1,866,700

Outsell corporation was initially approved for PPP Loan of amount $1,866,700, the current approved amount is $1,866,700. The loan was approved on 04/04/2020 by The Choice Financial Group reported 97 jobs and $1,866,700 was used to fund payroll.

Outsell corporation is Existing or more than 2 years old

OUTSELL CORPORATION

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OUTSELL CORPORATION

Borrower Address

225 S Sixth Street #3200

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55402-1845

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1866700.00

Current Approval Amount

1866700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55402-1845

CD

MN-05

Jobs Reported

97

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1866700.00

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

Corporation

Originating Lender Location Id

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1878155.91

Forgiveness Date

11/27/2020

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