PPP Loan information for South side inc.

$46,694

South side inc. was initially approved for PPP Loan of amount $46,694, the current approved amount is $46,694. The loan was approved on 03/25/2021 by The Magnifi Financial CU reported 12 jobs and $46,694 was used to fund payroll.

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

SOUTH SIDE INC.

Date Approved

03/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SOUTH SIDE INC.

Borrower Address

7995 Acorn Rd NW

Borrower City

Royalton

Borrower State

MN

Borrower Zip

56373-8103

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46694.00

Current Approval Amount

46694.00

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

BENTON

Project State

MN

Project Zip

56373-8103

CD

MN-06

Jobs Reported

12

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

46692.00

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

46883.33

Forgiveness Date

08/30/2021

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