Date Approved
04/07/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
SATIN & SILKS, INC.
Borrower Address
517 FRONTAGE RD NW
Borrower City
BYRON
Borrower State
MN
Borrower Zip
55920-1275
Loan Status Date
03/18/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
33692.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36696
Servicing Lender Name
First Security Bank
Servicing Lender Address
316 Byron Ave N
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
55920-1480
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OLMSTED
Project State
Project Zip
CD
MN-01
Jobs Reported
10
NAICS Code
448120
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1000.00
Payroll Proceed
29692.00
Mortgage Interest Proceed
Rent Proceed
3000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
23815.07
Forgiveness Date
10/15/2020