PPP Loan information for Sotacakes corp.

$42,250

Sotacakes corp. was initially approved for PPP Loan of amount $42,250, the current approved amount is $42,250. The loan was approved on 04/14/2020 by The ONB Bank reported 29 jobs and $42,250 was used to fund payroll.

Sotacakes corp. is Existing or more than 2 years old

PPP Loan Search / MN / LAKEVILLE / Sotacakes corp.

SOTACAKES CORP.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOTACAKES CORP.

Borrower Address

21275 Ridgewood Trl

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-8082

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42250.00

Current Approval Amount

42250.00

Undisbursed Amount

0.00

Franchise Name

Nothing Bundt Cakes

Servicing Lender Location Id

120125

Servicing Lender Name

ONB Bank

Servicing Lender Address

975 34th Ave NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-6600

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

SCOTT

Project State

MN

Project Zip

55044-8082

CD

MN-02

Jobs Reported

29

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42250.00

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

120125

Originating Lender

ONB Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42677.19

Forgiveness Date

04/23/2021

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