PPP Loan information for 2nd shade, llc

$187,000

2nd shade, llc was initially approved for PPP Loan of amount $187,000, the current approved amount is $187,000. The loan was approved on 04/06/2020 by The Bridgewater Bank reported 35 jobs and $187,000 was used to fund payroll.

2nd shade, llc is Existing or more than 2 years old

2ND SHADE, LLC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

2ND SHADE, LLC

Borrower Address

15102 MINNETONKA INDUSTRIAL RD

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55345-2111

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187000.00

Current Approval Amount

187000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436783

Servicing Lender Name

Bridgewater Bank

Servicing Lender Address

4450 Excelsior Blvd

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-5385

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-2111

CD

MN-03

Jobs Reported

35

NAICS Code

442110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

5700.00

Payroll Proceed

142000.00

Mortgage Interest Proceed

0.00

Rent Proceed

39300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

436783

Originating Lender

Bridgewater Bank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

189402.82

Forgiveness Date

07/27/2021

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