PPP Loan information for Options, inc.

$587,000

Options, inc. was initially approved for PPP Loan of amount $587,000, the current approved amount is $587,000. The loan was approved on 04/03/2020 by The Sherburne State Bank reported 62 jobs and $587,000 was used to fund payroll.

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

PPP Loan Search / MN / BIG LAKE / Options, inc.

OPTIONS, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OPTIONS, INC.

Borrower Address

16820 197th Ave. NW

Borrower City

BIG LAKE

Borrower State

MN

Borrower Zip

55309-4828

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

587000.00

Current Approval Amount

587000.00

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

62

NAICS Code

624120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

587000.00

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

Non-Profit Organization

Originating Lender Location Id

38878

Originating Lender

Sherburne State Bank

Originating Lender City

BECKER

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

580253.64

Forgiveness Date

11/03/2020

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