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Open Systems INC

$2,991,300 PPP Loan in Shakopee, Minnesota

Loan Details

Loan Number
9280627008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,991,300
Current Approval
$2,991,300
Forgiveness Amount
$3,026,946
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Open Systems INC
Address
4301 Dean Lakes Blvd
City
Shakopee
State
Minnesota
ZIP Code
55379-2994
Business Type
Corporation
Industry (NAICS)
Information (511210)
Business Age
Existing or more than 2 years old
Jobs Reported
204
Estimated Revenue
$34.3M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$2,243,475
Rent
$186,956
Utilities
$186,956
Mortgage Interest
$186,956
Debt Interest
$186,956

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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