PPP Loan information for Source engineering & manufacturing

$119,794

Source engineering & manufacturing was initially approved for PPP Loan of amount $119,794, the current approved amount is $119,794. The loan was approved on 04/28/2020 by The U.S. Bank, National Association reported 15 jobs and $119,794 was used to fund payroll.

Source engineering & manufacturing is Existing or more than 2 years old

SOURCE ENGINEERING & MANUFACTURING

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOURCE ENGINEERING & MANUFACTURING

Borrower Address

2600 FERNBROOK LN N

Borrower City

PLYMOUTH

Borrower State

MN

Borrower Zip

55447

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119794.00

Current Approval Amount

119794.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

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

55447-0001

CD

MN-03

Jobs Reported

15

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119794.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

121224.87

Forgiveness Date

07/19/2021

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