PPP Loan information for Ben's bait shop, inc.

$24,500

Ben's bait shop, inc. was initially approved for PPP Loan of amount $24,500, the current approved amount is $24,500. The loan was approved on 04/03/2020 by The The First National Bank of Henning reported 6 jobs and $24,500 was used to fund payroll.

Ben's bait shop, inc. is Existing or more than 2 years old

BEN'S BAIT SHOP, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BEN'S BAIT SHOP, INC.

Borrower Address

21600 State Hwy 78

Borrower City

BATTLE LAKE

Borrower State

MN

Borrower Zip

56515-9285

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24500.00

Current Approval Amount

24500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38234

Servicing Lender Name

The First National Bank of Henning

Servicing Lender Address

106 State Hwy 78 North

Servicing Lender City

OTTERTAIL

Servicing Lender State

MN

Servicing Lender Zip

56571

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BATTLE LAKE

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56515-9285

CD

MN-07

Jobs Reported

6

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

22500.00

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

Corporation

Originating Lender Location Id

38234

Originating Lender

The First National Bank of Henning

Originating Lender City

OTTERTAIL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24681.03

Forgiveness Date

12/31/2020

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