PPP Loan information for Propilots, llc

$726,900

Propilots, llc was initially approved for PPP Loan of amount $726,900, the current approved amount is $726,900. The loan was approved on 04/07/2020 by The Falcon National Bank reported 46 jobs and $726,900 was used to fund payroll.

Propilots, llc is Existing or more than 2 years old

PROPILOTS, LLC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROPILOTS, LLC

Borrower Address

18503 NICKEL AVE

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-7127

Loan Status Date

05/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

726900.00

Current Approval Amount

726900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-7127

CD

MN-07

Jobs Reported

46

NAICS Code

532411

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

726900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

733850.36

Forgiveness Date

04/01/2021

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