PPP Loan information for Scholastic equipment company llc

$109,500

Scholastic equipment company llc was initially approved for PPP Loan of amount $109,500, the current approved amount is $109,500. The loan was approved on 04/06/2020 by The BankCherokee reported 9 jobs and $109,500 was used to fund payroll.

Scholastic equipment company llc is Existing or more than 2 years old

SCHOLASTIC EQUIPMENT COMPANY LLC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHOLASTIC EQUIPMENT COMPANY LLC

Borrower Address

3880 LAVERNE AVE

Borrower City

LAKE ELMO

Borrower State

MN

Borrower Zip

55042-8619

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109500.00

Current Approval Amount

109500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38841

Servicing Lender Name

BankCherokee

Servicing Lender Address

607 S Smith Ave

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-2617

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

55042-8619

CD

MN-04

Jobs Reported

9

NAICS Code

423210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

109500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38841

Originating Lender

BankCherokee

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110330.38

Forgiveness Date

01/13/2021

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