PPP Loan information for Virtual matrix corporation

$422,477

Virtual matrix corporation was initially approved for PPP Loan of amount $422,477, the current approved amount is $422,477. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 15 jobs and $422,477 was used to fund payroll.

Virtual matrix corporation is Existing or more than 2 years old

PPP Loan Search / MN / EDINA / Virtual matrix corporation

VIRTUAL MATRIX CORPORATION

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VIRTUAL MATRIX CORPORATION

Borrower Address

7300 FRANCE AVE S STE 210

Borrower City

EDINA

Borrower State

MN

Borrower Zip

55435-4542

Loan Status Date

Loan Status

Exemption 4

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

422477.00

Current Approval Amount

422477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDINA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55435-4542

CD

MN-03

Jobs Reported

15

NAICS Code

561110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

422477.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

435776.34

Forgiveness Date

06/29/2023

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