Impact Technology, INC

$281,600 PPP Loan in Long Prairie, Minnesota

Loan Details

Loan Number
6454837009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$281,600
Current Approval
$281,600
Forgiveness Amount
$283,976
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Impact Technology, INC
Address
608 7th St
ZIP Code
56347-5558
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423420)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$10.4M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$211,200
Rent
$70,000
Utilities
$400

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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