PPP Loan information for Udac, inc

$328,500

Udac, inc was initially approved for PPP Loan of amount $328,500, the current approved amount is $328,500. The loan was approved on 04/08/2020 by The Vibrant Credit Union reported 148 jobs and $328,500 was used to fund payroll.

Udac, inc is Existing or more than 2 years old

PPP Loan Search / MN / DULUTH / Udac, inc

UDAC, INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

UDAC, INC

Borrower Address

4724 Mike Colalillo Dr

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55807-2723

Loan Status Date

Loan Status

Exemption 4

Term

39

SBA Guaranty Percentage

100

Initial Approval Amount

328500.00

Current Approval Amount

328500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95591

Servicing Lender Name

Vibrant Credit Union

Servicing Lender Address

1900 52nd Ave

Servicing Lender City

MOLINE

Servicing Lender State

IL

Servicing Lender Zip

61265-6380

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55807-2723

CD

MN-08

Jobs Reported

148

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

328500.00

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

Professional Association

Originating Lender Location Id

95591

Originating Lender

Vibrant Credit Union

Originating Lender City

MOLINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

148139.10

Forgiveness Date

07/19/2021

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