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
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
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
Project County Name
DAKOTA
Project State
Project Zip
CD
MN-02
Jobs Reported
48
NAICS Code
623210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
286814.08
Forgiveness Date
11/23/2020