PPP Loan information for Snip-its franchise co llc

$93,500

Snip-its franchise co llc was initially approved for PPP Loan of amount $93,500, the current approved amount is $93,500. The loan was approved on 02/03/2021 by The Alerus Financial, National Association reported 6 jobs and $93,500 was used to fund payroll.

Snip-its franchise co llc is Existing or more than 2 years old

SNIP-ITS FRANCHISE CO LLC

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SNIP-ITS FRANCHISE CO LLC

Borrower Address

211 S River Ridge Cir Ste 100

Borrower City

Burnsville

Borrower State

MN

Borrower Zip

55337-1699

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93500.00

Current Approval Amount

93500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burnsville

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-1699

CD

MN-02

Jobs Reported

6

NAICS Code

533110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

93498.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

94362.28

Forgiveness Date

01/04/2022

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