PPP Loan information for Elsmore sports inc

$396,711

Elsmore sports inc was initially approved for PPP Loan of amount $396,711, the current approved amount is $396,711. The loan was approved on 01/16/2021 by The Sterling State Bank reported 45 jobs and $396,711 was used to fund payroll.

Elsmore sports inc is Existing or more than 2 years old

PPP Loan Search / MN / Apple Valley / Elsmore sports inc

ELSMORE SPORTS INC

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ELSMORE SPORTS INC

Borrower Address

5885 149th St W # 103

Borrower City

Apple Valley

Borrower State

MN

Borrower Zip

55124-5703

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

396711.25

Current Approval Amount

396711.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Apple Valley

Project County Name

DAKOTA

Project State

MN

Project Zip

55124-5703

CD

MN-02

Jobs Reported

45

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

396708.25

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

355932.67

Forgiveness Date

01/26/2022

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