PPP Loan information for Shala, llc

$40,500

Shala, llc was initially approved for PPP Loan of amount $40,500, the current approved amount is $40,500. The loan was approved on 04/10/2020 by The Dacotah Bank reported 19 jobs and $40,500 was used to fund payroll.

Shala, llc is Existing or more than 2 years old

SHALA, LLC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHALA, LLC

Borrower Address

14 Minnesota AVE E

Borrower City

MORRIS

Borrower State

MN

Borrower Zip

56334-1531

Loan Status Date

04/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40500.00

Current Approval Amount

40500.00

Undisbursed Amount

0.00

Franchise Name

Pizza Ranch

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORRIS

Project County Name

STEVENS

Project State

MN

Project Zip

56334-1531

CD

MN-07

Jobs Reported

19

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2400.00

Payroll Proceed

34100.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

40767.75

Forgiveness Date

12/09/2020

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