PPP Loan information for Southshore investments inc.

$1,500,279

Southshore investments inc. was initially approved for PPP Loan of amount $1,500,279, the current approved amount is $1,500,279. The loan was approved on 01/26/2021 by The First Bank Elk River reported 81 jobs and $1,500,279 was used to fund payroll.

Southshore investments inc. is Existing or more than 2 years old

PPP Loan Search / MN / Excelsior / Southshore investments inc.

SOUTHSHORE INVESTMENTS INC.

Date Approved

01/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SOUTHSHORE INVESTMENTS INC.

Borrower Address

685 Excelsior Blvd

Borrower City

Excelsior

Borrower State

MN

Borrower Zip

55331-1934

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1500279.00

Current Approval Amount

1500279.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

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

HENNEPIN

Project State

MN

Project Zip

55331-1934

CD

MN-03

Jobs Reported

81

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1500276.00

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

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1510368.02

Forgiveness Date

10/06/2021

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