PPP Loan information for Linoleum & carpet center inc.

$140,200

Linoleum & carpet center inc. was initially approved for PPP Loan of amount $140,200, the current approved amount is $140,200. The loan was approved on 04/16/2020 by The Dacotah Bank reported 12 jobs and $140,200 was used to fund payroll.

Linoleum & carpet center inc. is Existing or more than 2 years old

PPP Loan Search / SD / RAPID CITY / Linoleum & carpet center inc.

LINOLEUM & CARPET CENTER INC.

Date Approved

04/16/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

LINOLEUM & CARPET CENTER INC.

Borrower Address

1711 E ANAMOSA ST

Borrower City

RAPID CITY

Borrower State

SD

Borrower Zip

57703-6801

Loan Status Date

06/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140200.00

Current Approval Amount

140200.00

Undisbursed Amount

0.00

Franchise Name

Flooring America - Member Agreement (FA Cooperative, Inc.)

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAPID CITY

Project County Name

PENNINGTON

Project State

SD

Project Zip

57703-6801

CD

SD-

Jobs Reported

12

NAICS Code

442210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4200.00

Payroll Proceed

119200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

16800

Business Type

Subchapter S Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

141496.85

Forgiveness Date

03/24/2021

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