PPP Loan information for Twin city acoustics, inc.

$1,697,200

Twin city acoustics, inc. was initially approved for PPP Loan of amount $1,697,200, the current approved amount is $1,697,200. The loan was approved on 04/06/2020 by The Alliance Bank reported 97 jobs and $1,697,200 was used to fund payroll.

Twin city acoustics, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Twin city acoustics, inc.

TWIN CITY ACOUSTICS, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TWIN CITY ACOUSTICS, INC.

Borrower Address

9449 Science Center Drive, Suite 100

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55428-3623

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1697200.00

Current Approval Amount

1697200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38294

Servicing Lender Name

Alliance Bank

Servicing Lender Address

105 E Lyon Ave

Servicing Lender City

LAKE CITY

Servicing Lender State

MN

Servicing Lender Zip

55041-1013

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55428-3623

CD

MN-05

Jobs Reported

97

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1697200.00

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

38294

Originating Lender

Alliance Bank

Originating Lender City

LAKE CITY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1707100.33

Forgiveness Date

11/17/2020

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