PPP Loan information for Solution design group inc

$4,345,400

Solution design group inc was initially approved for PPP Loan of amount $4,345,400, the current approved amount is $4,345,400. The loan was approved on 04/04/2020 by The Fidelity Bank reported 196 jobs and $4,345,400 was used to fund payroll.

Solution design group inc is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Solution design group inc

SOLUTION DESIGN GROUP INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOLUTION DESIGN GROUP INC

Borrower Address

7500 OLSON MEMORIAL HWY

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55427-4877

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4345400.00

Current Approval Amount

4345400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38024

Servicing Lender Name

Fidelity Bank

Servicing Lender Address

7600 Parklawn Ave

Servicing Lender City

EDINA

Servicing Lender State

MN

Servicing Lender Zip

55435-5125

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55427-4877

CD

MN-05

Jobs Reported

196

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3065.00

Payroll Proceed

4253704.00

Mortgage Interest Proceed

0.00

Rent Proceed

88631.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38024

Originating Lender

Fidelity Bank

Originating Lender City

EDINA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4396458.45

Forgiveness Date

06/11/2021

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