Date Approved
04/12/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
SIP LLC
Borrower Address
1660 Louis Ln
Borrower City
HASTINGS
Borrower State
MN
Borrower Zip
55033-3337
Loan Status Date
11/13/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
51305.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38967
Servicing Lender Name
Vermillion State Bank
Servicing Lender Address
107 E Main St
Servicing Lender City
VERMILLION
Servicing Lender State
Servicing Lender Zip
55085
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DAKOTA
Project State
Project Zip
CD
MN-02
Jobs Reported
8
NAICS Code
447110
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
6000.00
Payroll Proceed
38614.00
Mortgage Interest Proceed
4261.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
2430.00
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
51562.95
Forgiveness Date
10/20/2020