PPP Loan information for Production systems inc

$57,080

Production systems inc was initially approved for PPP Loan of amount $57,080, the current approved amount is $57,080. The loan was approved on 02/23/2021 by The BankCherokee reported 6 jobs and $57,080 was used to fund payroll.

Production systems inc is Existing or more than 2 years old

PPP Loan Search / MN / Shoreview / Production systems inc

PRODUCTION SYSTEMS INC

Date Approved

02/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PRODUCTION SYSTEMS INC

Borrower Address

4620 Chatsworth St N

Borrower City

Shoreview

Borrower State

MN

Borrower Zip

55126-5830

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57080.00

Current Approval Amount

57080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38841

Servicing Lender Name

BankCherokee

Servicing Lender Address

607 S Smith Ave

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-2617

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shoreview

Project County Name

RAMSEY

Project State

MN

Project Zip

55126-5830

CD

MN-04

Jobs Reported

6

NAICS Code

339113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

57078.00

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

38841

Originating Lender

BankCherokee

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57549.32

Forgiveness Date

12/20/2021

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