PPP Loan information for The snip-its franchise co., llc

$93,500

The 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 05/01/2020 by The Alerus Financial, National Association reported 6 jobs and $93,500 was used to fund payroll.

The snip-its franchise co., llc is New Business or 2 years or less

PPP Loan Search / MN / BURNSVILLE / The snip-its franchise co., llc

THE SNIP-ITS FRANCHISE CO., LLC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE SNIP-ITS FRANCHISE CO., LLC

Borrower Address

211 RIVER RIDGE CIRCLE S SUITE 100

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55337-1699

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

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

New Business or 2 years or less

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-1699

CD

MN-02

Jobs Reported

6

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11688.00

Payroll Proceed

70125.00

Mortgage Interest Proceed

11687.00

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

94673.94

Forgiveness Date

08/03/2021

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