PPP Loan information for Sota arms, inc

$107,300

Sota arms, inc was initially approved for PPP Loan of amount $107,300, the current approved amount is $107,300. The loan was approved on 04/15/2020 by The Lakeview Bank reported 11 jobs and $107,300 was used to fund payroll.

Sota arms, inc is Existing or more than 2 years old

SOTA ARMS, INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOTA ARMS, INC

Borrower Address

39719 Grand Avenue

Borrower City

NORTH BRANCH

Borrower State

MN

Borrower Zip

55056-5069

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107300.00

Current Approval Amount

107300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378576

Servicing Lender Name

Lakeview Bank

Servicing Lender Address

9725 163rd St West

Servicing Lender City

LAKEVILLE

Servicing Lender State

MN

Servicing Lender Zip

55044-4719

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRANCH

Project County Name

CHISAGO

Project State

MN

Project Zip

55056-5069

CD

MN-08

Jobs Reported

11

NAICS Code

332510

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

107300.00

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

378576

Originating Lender

Lakeview Bank

Originating Lender City

LAKEVILLE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

108530.97

Forgiveness Date

06/15/2021

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