PPP Loan information for Satellite industries inc

$4,188,914

Satellite industries inc was initially approved for PPP Loan of amount $4,188,914, the current approved amount is $4,188,914. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 274 jobs and $4,188,914 was used to fund payroll.

Satellite industries inc is Existing or more than 2 years old

PPP Loan Search / MN / PLYMOUTH / Satellite industries inc

SATELLITE INDUSTRIES INC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SATELLITE INDUSTRIES INC

Borrower Address

2530 XENIUM LANE N

Borrower City

PLYMOUTH

Borrower State

MN

Borrower Zip

55441

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4188914.00

Current Approval Amount

4188914.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PLYMOUTH

Project County Name

HENNEPIN

Project State

MN

Project Zip

55441-0001

CD

MN-03

Jobs Reported

274

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4188914.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4234590.38

Forgiveness Date

06/09/2021

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