PPP Loan information for Shady oak distributing, inc.

$201,400

Shady oak distributing, inc. was initially approved for PPP Loan of amount $201,400, the current approved amount is $201,400. The loan was approved on 04/28/2020 by The First Minnetonka City Bank reported 9 jobs and $201,400 was used to fund payroll.

Shady oak distributing, inc. is Existing or more than 2 years old

PPP Loan Search / MN / HOPKINS / Shady oak distributing, inc.

SHADY OAK DISTRIBUTING, INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHADY OAK DISTRIBUTING, INC.

Borrower Address

13TH AVE

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55343-7829

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201400.00

Current Approval Amount

201400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-7829

CD

MN-03

Jobs Reported

9

NAICS Code

423620

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2261.00

Payroll Proceed

173434.00

Mortgage Interest Proceed

0.00

Rent Proceed

19112.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6593.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

202546.86

Forgiveness Date

11/23/2020

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