PPP Loan information for Product development associates inc.

$1,100,000

Product development associates inc. was initially approved for PPP Loan of amount $1,100,000, the current approved amount is $1,100,000. The loan was approved on 05/06/2020 by The Vibrant Credit Union reported 74 jobs and $1,100,000 was used to fund payroll.

Product development associates inc. is Existing or more than 2 years old

PPP Loan Search / MN / BURNSVILLE / Product development associates inc.

PRODUCT DEVELOPMENT ASSOCIATES INC.

Date Approved

05/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRODUCT DEVELOPMENT ASSOCIATES INC.

Borrower Address

1145 E CLIFF RD

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55337-1514

Loan Status Date

Loan Status

Exemption 4

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

1100000.00

Current Approval Amount

1100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95591

Servicing Lender Name

Vibrant Credit Union

Servicing Lender Address

1900 52nd Ave

Servicing Lender City

MOLINE

Servicing Lender State

IL

Servicing Lender Zip

61265-6380

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-1514

CD

MN-02

Jobs Reported

74

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1100000.00

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

95591

Originating Lender

Vibrant Credit Union

Originating Lender City

MOLINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

337348.47

Forgiveness Date

08/26/2021

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