PPP Loan information for Stitch & ink, inc

$36,700

Stitch & ink, inc was initially approved for PPP Loan of amount $36,700, the current approved amount is $36,700. The loan was approved on 04/14/2020 by The Alerus Financial, National Association reported 5 jobs and $36,700 was used to fund payroll.

Stitch & ink, inc is Existing or more than 2 years old

STITCH & INK, INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STITCH & INK, INC

Borrower Address

101 Bridgepoint Way South

Borrower City

SOUTH SAINT PAUL

Borrower State

MN

Borrower Zip

55075-2477

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36700.00

Current Approval Amount

36700.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH SAINT PAUL

Project County Name

DAKOTA

Project State

MN

Project Zip

55075-2477

CD

MN-02

Jobs Reported

5

NAICS Code

315990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9175.00

Payroll Proceed

27525.00

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

Subchapter S Corporation

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

37028.26

Forgiveness Date

03/11/2021

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