PPP Loan information for Catch the wave, inc.

$548,500

Catch the wave, inc. was initially approved for PPP Loan of amount $548,500, the current approved amount is $548,500. The loan was approved on 05/01/2020 by The Legacy Bank reported 110 jobs and $548,500 was used to fund payroll.

Catch the wave, inc. is Existing or more than 2 years old

PPP Loan Search / MN / Lake Elmo / Catch the wave, inc.

CATCH THE WAVE, INC.

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CATCH THE WAVE, INC.

Borrower Address

PO Box 416

Borrower City

Lake Elmo

Borrower State

MN

Borrower Zip

55042-0416

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

548500.00

Current Approval Amount

548500.00

Undisbursed Amount

0.00

Franchise Name

Great Clips

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake Elmo

Project County Name

WASHINGTON

Project State

MN

Project Zip

55042-0416

CD

MN-04

Jobs Reported

110

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

548500.00

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

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

554183.07

Forgiveness Date

05/20/2021

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