PPP Loan information for South side, inc.

$46,600

South side, inc. was initially approved for PPP Loan of amount $46,600, the current approved amount is $46,600. The loan was approved on 04/27/2020 by The Magnifi Financial CU reported 8 jobs and $46,600 was used to fund payroll.

South side, inc. is Existing or more than 2 years old

SOUTH SIDE, INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOUTH SIDE, INC.

Borrower Address

7995 Acorn Rd NW

Borrower City

Royalton

Borrower State

MN

Borrower Zip

56373

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46600.00

Current Approval Amount

46600.00

Undisbursed Amount

0.00

Franchise Name

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

Royalton

Project County Name

MORRISON

Project State

MN

Project Zip

56373-0001

CD

MN-07

Jobs Reported

8

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

46600.00

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

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

46921.73

Forgiveness Date

01/07/2021

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