PPP Loan information for Twin city acoustics inc.

$1,498,100

Twin city acoustics inc. was initially approved for PPP Loan of amount $1,498,187, the current approved amount is $1,498,100. The loan was approved on 01/30/2021 by The Alliance Bank reported 74 jobs and $1,498,100 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

01/30/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

TWIN CITY ACOUSTICS INC.

Borrower Address

9449 Science Center Dr

Borrower City

Minneapolis

Borrower State

MN

Borrower Zip

55428-3623

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1498187.00

Current Approval Amount

1498100.00

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

N

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

74

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1498100.00

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

1503551.42

Forgiveness Date

06/15/2021

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