PPP Loan information for Shah business development corporation

$112,000

Shah business development corporation was initially approved for PPP Loan of amount $112,000, the current approved amount is $112,000. The loan was approved on 04/07/2020 by The Premier Bank Minnesota reported 10 jobs and $112,000 was used to fund payroll.

Shah business development corporation is Existing or more than 2 years old

PPP Loan Search / MN / BURNSVILLE / Shah business development corporation

SHAH BUSINESS DEVELOPMENT CORPORATION

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHAH BUSINESS DEVELOPMENT CORPORATION

Borrower Address

414 GATEWAY BLVD

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55337-2559

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112000.00

Current Approval Amount

112000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117020

Servicing Lender Name

Premier Bank Minnesota

Servicing Lender Address

101 E 10th St

Servicing Lender City

Hastings

Servicing Lender State

MN

Servicing Lender Zip

55033

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-2559

CD

MN-02

Jobs Reported

10

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112000.00

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

Corporation

Originating Lender Location Id

117020

Originating Lender

Premier Bank Minnesota

Originating Lender City

Hastings

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

103592.25

Forgiveness Date

11/12/2020

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