PPP Loan information for Practical fusion llc

$148,055

Practical fusion llc was initially approved for PPP Loan of amount $615,000, the current approved amount is $148,055. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 10 jobs and $148,055 was used to fund payroll.

Practical fusion llc is Existing or more than 2 years old

PRACTICAL FUSION LLC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

PRACTICAL FUSION LLC

Borrower Address

18147 BOONES RD SW

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97224

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

615000.00

Current Approval Amount

148055.00

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

PORTLAND

Project County Name

WASHINGTON

Project State

OR

Project Zip

97224-0001

CD

OR-01

Jobs Reported

10

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

148055.00

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

Limited Liability Company(LLC)

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

138867.99

Forgiveness Date

12/10/2020

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