PPP Loan information for Unity communications inc

$998,200

Unity communications inc was initially approved for PPP Loan of amount $997,500, the current approved amount is $998,200. The loan was approved on 04/03/2020 by The Platinum Bank reported 52 jobs and $998,200 was used to fund payroll.

Unity communications inc is Existing or more than 2 years old

UNITY COMMUNICATIONS INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

UNITY COMMUNICATIONS INC

Borrower Address

5929 BAKER RD

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55345-4770

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

997500.00

Current Approval Amount

998200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

446001

Servicing Lender Name

Platinum Bank

Servicing Lender Address

7667 10th St N

Servicing Lender City

OAKDALE

Servicing Lender State

MN

Servicing Lender Zip

55128-5339

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-4770

CD

MN-03

Jobs Reported

52

NAICS Code

517919

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

998200.00

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

446001

Originating Lender

Platinum Bank

Originating Lender City

OAKDALE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1004900.25

Forgiveness Date

12/10/2020

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