PPP Loan information for Stepping out inc.

$285,500

Stepping out inc. was initially approved for PPP Loan of amount $285,500, the current approved amount is $285,500. The loan was approved on 05/29/2020 by The First Resource Bank reported 48 jobs and $285,500 was used to fund payroll.

Stepping out inc. is Existing or more than 2 years old

STEPPING OUT INC.

Date Approved

05/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STEPPING OUT INC.

Borrower Address

603 3rd St. W.

Borrower City

HASTINGS

Borrower State

MN

Borrower Zip

55033-1127

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

285500.00

Current Approval Amount

285500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-1127

CD

MN-02

Jobs Reported

48

NAICS Code

623210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

285500.00

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

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

286814.08

Forgiveness Date

11/23/2020

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