PPP Loan information for Sip llc

$51,305

Sip llc was initially approved for PPP Loan of amount $51,305, the current approved amount is $51,305. The loan was approved on 04/12/2020 by The Vermillion State Bank reported 8 jobs and $51,305 was used to fund payroll.

Sip llc is Existing or more than 2 years old

SIP LLC

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

51305.00

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

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-3337

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

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2430.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51562.95

Forgiveness Date

10/20/2020

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