PPP Loan information for Skthom inc.

$138,700

Skthom inc. was initially approved for PPP Loan of amount $138,777, the current approved amount is $138,700. The loan was approved on 04/15/2020 by The Magnifi Financial CU reported 81 jobs and $138,700 was used to fund payroll.

Skthom inc. is Existing or more than 2 years old

SKTHOM INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SKTHOM INC.

Borrower Address

331 7TH ST S

Borrower City

ALBANY

Borrower State

MN

Borrower Zip

56307-9452

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138777.00

Current Approval Amount

138700.00

Undisbursed Amount

0.00

Franchise Name

Dairy Queen Operating Agreement

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

STEARNS

Project State

MN

Project Zip

56307-9452

CD

MN-07

Jobs Reported

81

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

104025.00

Mortgage Interest Proceed

0.00

Rent Proceed

34675.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138403.78

Forgiveness Date

05/03/2021

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