PPP borrower record

GROUND TECH, INC. PPP loan record

Public SBA PPP loan record for GROUND TECH, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$364,600
Approved amount
$368,066
Forgiven amount
2020-04-08
Date approved

Borrower and loan details

Borrower
GROUND TECH, INC.
Loan number
7837917000
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Wyoming
Borrower state
Minnesota
Borrower ZIP
55092
Jobs reported
23
Loan status
Exemption 4
Forgiveness date
2021-03-31
Servicing lender
Lake Area Bank
Originating lender
Lake Area Bank

Reported use of proceeds

Payroll
$320,346
Rent
$13,000
Utilities
$3,017
Mortgage interest
N/A
Health care
$28,236
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.