PPP Loan information for House of coates inc.

$125,000

House of coates inc. was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 04/12/2020 by The Vermillion State Bank reported 36 jobs and $125,000 was used to fund payroll.

House of coates inc. is Existing or more than 2 years old

HOUSE OF COATES INC.

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HOUSE OF COATES INC.

Borrower Address

16300 Coates Blvd E

Borrower City

ROSEMOUNT

Borrower State

MN

Borrower Zip

55068

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROSEMOUNT

Project County Name

DAKOTA

Project State

MN

Project Zip

55068-0001

CD

MN-02

Jobs Reported

36

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

105000.00

Mortgage Interest Proceed

5000.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

115737.92

Forgiveness Date

12/10/2020

;