PPP Loan information for Scotty b's, inc

$93,000

Scotty b's, inc was initially approved for PPP Loan of amount $93,000, the current approved amount is $93,000. The loan was approved on 04/06/2020 by The Minnesota Lakes Bank reported 20 jobs and $93,000 was used to fund payroll.

Scotty b's, inc is Existing or more than 2 years old

SCOTTY B'S, INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCOTTY B'S, INC

Borrower Address

2195 COMMERCE BLVD

Borrower City

MOUND

Borrower State

MN

Borrower Zip

55364-1570

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93000.00

Current Approval Amount

93000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36775

Servicing Lender Name

Minnesota Lakes Bank

Servicing Lender Address

710 Babcock Blvd East

Servicing Lender City

DELANO

Servicing Lender State

MN

Servicing Lender Zip

55328-8602

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUND

Project County Name

HENNEPIN

Project State

MN

Project Zip

55364-1570

CD

MN-03

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5250.00

Payroll Proceed

69750.00

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36775

Originating Lender

Minnesota Lakes Bank

Originating Lender City

DELANO

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93707.83

Forgiveness Date

01/19/2021

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