PPP Loan information for Shanty bottle shop 2.0 incorporated

$17,988

Shanty bottle shop 2.0 incorporated was initially approved for PPP Loan of amount $22,522, the current approved amount is $17,988. The loan was approved on 04/12/2020 by The Frandsen Bank & Trust reported 5 jobs and $17,988 was used to fund payroll.

Shanty bottle shop 2.0 incorporated is New Business or 2 years or less

SHANTY BOTTLE SHOP 2.0 INCORPORATED

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHANTY BOTTLE SHOP 2.0 INCORPORATED

Borrower Address

1231 E 4TH STREET

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55805-2334

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22522.00

Current Approval Amount

17988.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55805-2334

CD

MN-08

Jobs Reported

5

NAICS Code

445310

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

988.00

Payroll Proceed

15000.00

Mortgage Interest Proceed

2000.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

18096.42

Forgiveness Date

11/30/2020

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