PPP Loan information for Restoration systems inc.

$736,400

Restoration systems inc. was initially approved for PPP Loan of amount $736,400, the current approved amount is $736,400. The loan was approved on 04/09/2020 by The Old National Bank reported 66 jobs and $736,400 was used to fund payroll.

Restoration systems inc. is Existing or more than 2 years old

RESTORATION SYSTEMS INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RESTORATION SYSTEMS INC.

Borrower Address

1605 OLD AUDUBON RD SUITE B

Borrower City

CHASKA

Borrower State

MN

Borrower Zip

55318-9513

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

736400.00

Current Approval Amount

736400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHASKA

Project County Name

CARVER

Project State

MN

Project Zip

55318-9513

CD

MN-02

Jobs Reported

66

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

736400.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

741968.39

Forgiveness Date

01/26/2021

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