PPP Loan information for Work optional, inc.

$139,400

Work optional, inc. was initially approved for PPP Loan of amount $139,400, the current approved amount is $139,400. The loan was approved on 04/07/2020 by The Flagship Bank Minnesota reported 9 jobs and $139,400 was used to fund payroll.

Work optional, inc. is Existing or more than 2 years old

WORK OPTIONAL, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WORK OPTIONAL, INC.

Borrower Address

3360 ANNAPOLIS LN N

Borrower City

PLYMOUTH

Borrower State

MN

Borrower Zip

55447-5377

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139400.00

Current Approval Amount

139400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38227

Servicing Lender Name

Flagship Bank Minnesota

Servicing Lender Address

1415 Wayzata Blvd East

Servicing Lender City

WAYZATA

Servicing Lender State

MN

Servicing Lender Zip

55391-1938

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PLYMOUTH

Project County Name

HENNEPIN

Project State

MN

Project Zip

55447-5377

CD

MN-03

Jobs Reported

9

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

180.00

Payroll Proceed

128530.00

Mortgage Interest Proceed

0.00

Rent Proceed

10690.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38227

Originating Lender

Flagship Bank Minnesota

Originating Lender City

WAYZATA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140163.84

Forgiveness Date

11/03/2020

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