PPP Loan information for Wise swim school inc

$152,530

Wise swim school inc was initially approved for PPP Loan of amount $152,530, the current approved amount is $152,530. The loan was approved on 01/16/2021 by The Sterling State Bank reported 25 jobs and $152,530 was used to fund payroll.

Wise swim school inc is Existing or more than 2 years old

WISE SWIM SCHOOL INC

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

WISE SWIM SCHOOL INC

Borrower Address

5992 149th St W

Borrower City

Apple Valley

Borrower State

MN

Borrower Zip

55124-5701

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

152529.68

Current Approval Amount

152529.68

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Apple Valley

Project County Name

DAKOTA

Project State

MN

Project Zip

55124-5701

CD

MN-02

Jobs Reported

25

NAICS Code

611519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

152526.68

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

153949.05

Forgiveness Date

12/21/2021

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