PPP Loan information for Interstate office products, inc.

$497,200

Interstate office products, inc. was initially approved for PPP Loan of amount $497,200, the current approved amount is $497,200. The loan was approved on 04/03/2020 by The The First National Bank in Sioux Falls reported 37 jobs and $497,200 was used to fund payroll.

Interstate office products, inc. is Existing or more than 2 years old

INTERSTATE OFFICE PRODUCTS, INC.

Date Approved

04/03/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

INTERSTATE OFFICE PRODUCTS, INC.

Borrower Address

228 S. Main Ave.

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57104-6310

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

497200.00

Current Approval Amount

497200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66602

Servicing Lender Name

The First National Bank in Sioux Falls

Servicing Lender Address

100 S Phillips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6745

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX FALLS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57104-6310

CD

SD-

Jobs Reported

37

NAICS Code

423420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

85900.00

Payroll Proceed

397800.00

Mortgage Interest Proceed

0.00

Rent Proceed

13500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66602

Originating Lender

The First National Bank in Sioux Falls

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

499965.25

Forgiveness Date

11/03/2020

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