PPP Loan information for Team up

$70,287

Team up was initially approved for PPP Loan of amount $70,287, the current approved amount is $70,287. The loan was approved on 04/13/2020 by The Concorde Bank reported 45 jobs and $70,287 was used to fund payroll.

Team up is Existing or more than 2 years old

TEAM UP

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TEAM UP

Borrower Address

3465 15th AVE SE

Borrower City

Willmar

Borrower State

MN

Borrower Zip

56201

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70287.00

Current Approval Amount

70287.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36663

Servicing Lender Name

Concorde Bank

Servicing Lender Address

16 Main St SW

Servicing Lender City

BLOMKEST

Servicing Lender State

MN

Servicing Lender Zip

56216

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Willmar

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56201-0001

CD

MN-07

Jobs Reported

45

NAICS Code

115115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9057.00

Payroll Proceed

56230.00

Mortgage Interest Proceed

5000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36663

Originating Lender

Concorde Bank

Originating Lender City

BLOMKEST

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70777.06

Forgiveness Date

12/31/2020

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