PPP Loan information for Professional instruments company inc

$594,983

Professional instruments company inc was initially approved for PPP Loan of amount $594,983, the current approved amount is $594,983. The loan was approved on 04/09/2020 by The Citizens Independent Bank reported 52 jobs and $594,983 was used to fund payroll.

Professional instruments company inc is Existing or more than 2 years old

PPP Loan Search / MN / Hopkins / Professional instruments company inc

PROFESSIONAL INSTRUMENTS COMPANY INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROFESSIONAL INSTRUMENTS COMPANY INC

Borrower Address

7800 Powell Road

Borrower City

Hopkins

Borrower State

MN

Borrower Zip

55343-8572

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

594982.90

Current Approval Amount

594982.90

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

Hopkins

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-8572

CD

MN-05

Jobs Reported

52

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

594982.90

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

38830

Originating Lender

Citizens Independent Bank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

601209.84

Forgiveness Date

05/05/2021

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