PPP Loan information for Balsam store llc

$37,600

Balsam store llc was initially approved for PPP Loan of amount $37,600, the current approved amount is $37,600. The loan was approved on 04/27/2020 by The MidWestOne Bank reported 32 jobs and $37,600 was used to fund payroll.

Balsam store llc is New Business or 2 years or less

BALSAM STORE LLC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BALSAM STORE LLC

Borrower Address

PO BOX 368

Borrower City

HUGO

Borrower State

MN

Borrower Zip

55038-0368

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37600.00

Current Approval Amount

37600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HUGO

Project County Name

WASHINGTON

Project State

MN

Project Zip

55038-0368

CD

MN-06

Jobs Reported

32

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37895.58

Forgiveness Date

02/16/2021

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