PPP Loan information for Source machine inc

$605,300

Source machine inc was initially approved for PPP Loan of amount $605,300, the current approved amount is $605,300. The loan was approved on 04/13/2020 by The Old National Bank reported 57 jobs and $605,300 was used to fund payroll.

Source machine inc is Existing or more than 2 years old

PPP Loan Search / MN / BURNSVILLE / Source machine inc

SOURCE MACHINE INC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOURCE MACHINE INC

Borrower Address

14310 EWING AVE SOUTH SUITE 400

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55306-4200

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

605300.00

Current Approval Amount

605300.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55306-4200

CD

MN-02

Jobs Reported

57

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

605300.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

608649.88

Forgiveness Date

11/05/2020

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