PPP Loan information for Snip inc.

$1,174,703

Snip inc. was initially approved for PPP Loan of amount $1,174,703, the current approved amount is $1,174,703. The loan was approved on 02/10/2021 by The Bremer Bank, National Association reported 185 jobs and $1,174,703 was used to fund payroll.

Snip inc. is Existing or more than 2 years old

PPP Loan Search / MN / Excelsior / Snip inc.

SNIP INC.

Date Approved

02/10/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SNIP INC.

Borrower Address

1661 Anthem Pl

Borrower City

Excelsior

Borrower State

MN

Borrower Zip

55331-4306

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1174702.50

Current Approval Amount

1174702.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Excelsior

Project County Name

CARVER

Project State

MN

Project Zip

55331-4306

CD

MN-06

Jobs Reported

185

NAICS Code

611511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1174698.50

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

Subchapter S Corporation

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1182265.65

Forgiveness Date

10/06/2021

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