PPP Loan information for Snip, inc.

$1,174,700

Snip, inc. was initially approved for PPP Loan of amount $1,174,700, the current approved amount is $1,174,700. The loan was approved on 04/08/2020 by The Bremer Bank, National Association reported 207 jobs and $1,174,700 was used to fund payroll.

Snip, inc. is Existing or more than 2 years old

SNIP, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SNIP, INC.

Borrower Address

8691 Lake Riley Dr

Borrower City

CHANHASSEN

Borrower State

MN

Borrower Zip

55317-4501

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1174700.00

Current Approval Amount

1174700.00

Undisbursed Amount

0.00

Franchise Name

Great Clips

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANHASSEN

Project County Name

CARVER

Project State

MN

Project Zip

55317-4501

CD

MN-06

Jobs Reported

207

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1174700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1188056.18

Forgiveness Date

06/03/2021

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