PPP Loan information for The idea circle inc.

$108,700

The idea circle inc. was initially approved for PPP Loan of amount $108,700, the current approved amount is $108,700. The loan was approved on 04/07/2020 by The Choice Financial Group reported 5 jobs and $108,700 was used to fund payroll.

The idea circle inc. is Existing or more than 2 years old

PPP Loan Search / MN / BEMIDJI / The idea circle inc.

THE IDEA CIRCLE INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE IDEA CIRCLE INC.

Borrower Address

4111 TECHNOLOGY DR NW STE 290

Borrower City

BEMIDJI

Borrower State

MN

Borrower Zip

56601-5105

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108700.00

Current Approval Amount

108700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEMIDJI

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-5105

CD

MN-08

Jobs Reported

5

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108700.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109453.45

Forgiveness Date

01/07/2021

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