PPP Loan information for Pro-tec design inc.

$1,058,911

Pro-tec design inc. was initially approved for PPP Loan of amount $1,058,911, the current approved amount is $1,058,911. The loan was approved on 02/03/2021 by The Citizens Independent Bank reported 48 jobs and $1,058,911 was used to fund payroll.

Pro-tec design inc. is Existing or more than 2 years old

PPP Loan Search / MN / Minnetonka / Pro-tec design inc.

PRO-TEC DESIGN INC.

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PRO-TEC DESIGN INC.

Borrower Address

5929 Baker Rd Ste 400

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55345-5940

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1058911.00

Current Approval Amount

1058911.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38830

Servicing Lender Name

Citizens Independent Bank

Servicing Lender Address

5000 W 36th St

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-2758

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minnetonka

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-5940

CD

MN-03

Jobs Reported

48

NAICS Code

561621

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1058906.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

38830

Originating Lender

Citizens Independent Bank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1066802.06

Forgiveness Date

11/05/2021

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