PPP Loan information for Premise inc.

$1,240,200

Premise inc. was initially approved for PPP Loan of amount $1,240,200, the current approved amount is $1,240,200. The loan was approved on 04/08/2020 by The Merchants Bank, National Association reported 86 jobs and $1,240,200 was used to fund payroll.

Premise inc. is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Premise inc.

PREMISE INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PREMISE INC.

Borrower Address

4024 N WASHINGTON AVE

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55412-1742

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1240200.00

Current Approval Amount

1240200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55412-1742

CD

MN-05

Jobs Reported

86

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1240200.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1252705.35

Forgiveness Date

04/15/2021

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