PPP Loan information for Swanson family enterprises, inc

$70,900

Swanson family enterprises, inc was initially approved for PPP Loan of amount $70,900, the current approved amount is $70,900. The loan was approved on 04/07/2020 by The Lake Elmo Bank reported 25 jobs and $70,900 was used to fund payroll.

Swanson family enterprises, inc is Existing or more than 2 years old

SWANSON FAMILY ENTERPRISES, INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SWANSON FAMILY ENTERPRISES, INC

Borrower Address

1885 Newberry Ave. N.

Borrower City

STILLWATER

Borrower State

MN

Borrower Zip

55082-1755

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70900.00

Current Approval Amount

70900.00

Undisbursed Amount

0.00

Franchise Name

Pizza Ranch

Servicing Lender Location Id

38298

Servicing Lender Name

Lake Elmo Bank

Servicing Lender Address

11465 39th St N

Servicing Lender City

LAKE ELMO

Servicing Lender State

MN

Servicing Lender Zip

55042-7525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STILLWATER

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-1755

CD

MN-04

Jobs Reported

25

NAICS Code

561499

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

53300.00

Mortgage Interest Proceed

7600.00

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

38298

Originating Lender

Lake Elmo Bank

Originating Lender City

LAKE ELMO

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

71490.51

Forgiveness Date

02/16/2021

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