PPP Loan information for Options, inc.

$387,481

Options, inc. was initially approved for PPP Loan of amount $387,481, the current approved amount is $387,481. The loan was approved on 01/16/2021 by The Sherburne State Bank reported 33 jobs and $387,481 was used to fund payroll.

Options, inc. is Existing or more than 2 years old

OPTIONS, INC.

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

OPTIONS, INC.

Borrower Address

16820 197th Ave NW

Borrower City

Big Lake

Borrower State

MN

Borrower Zip

55309-4828

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

387480.75

Current Approval Amount

387480.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38878

Servicing Lender Name

Sherburne State Bank

Servicing Lender Address

12500 Sherburne Ave

Servicing Lender City

BECKER

Servicing Lender State

MN

Servicing Lender Zip

55308

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Big Lake

Project County Name

SHERBURNE

Project State

MN

Project Zip

55309-4828

CD

MN-06

Jobs Reported

33

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

387479.75

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

Non-Profit Organization

Originating Lender Location Id

38878

Originating Lender

Sherburne State Bank

Originating Lender City

BECKER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

388976.86

Forgiveness Date

06/15/2021

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