PPP Loan information for Thorpe retail and service corporation

$62,200

Thorpe retail and service corporation was initially approved for PPP Loan of amount $62,200, the current approved amount is $62,200. The loan was approved on 04/08/2020 by The Northwestern Bank, National Association reported 16 jobs and $62,200 was used to fund payroll.

Thorpe retail and service corporation is Existing or more than 2 years old

THORPE RETAIL AND SERVICE CORPORATION

Date Approved

04/08/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

THORPE RETAIL AND SERVICE CORPORATION

Borrower Address

1823 NORTH 13TH ST

Borrower City

BISMARCK

Borrower State

ND

Borrower Zip

58501-1972

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62200.00

Current Approval Amount

62200.00

Undisbursed Amount

0.00

Franchise Name

Cost Cutters

Servicing Lender Location Id

38956

Servicing Lender Name

Northwestern Bank, National Association

Servicing Lender Address

4 N Main St

Servicing Lender City

DILWORTH

Servicing Lender State

MN

Servicing Lender Zip

56529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BISMARCK

Project County Name

BURLEIGH

Project State

ND

Project Zip

58501-1972

CD

ND-

Jobs Reported

16

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

622.00

Payroll Proceed

46028.00

Mortgage Interest Proceed

6220.00

Rent Proceed

9330.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38956

Originating Lender

Northwestern Bank, National Association

Originating Lender City

DILWORTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62804.72

Forgiveness Date

04/02/2021

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