PPP Loan information for Sven and ole's, inc.

$70,242

Sven and ole's, inc. was initially approved for PPP Loan of amount $70,242, the current approved amount is $70,242. The loan was approved on 04/29/2020 by The Grand Marais State Bank reported 10 jobs and $70,242 was used to fund payroll.

Sven and ole's, inc. is Existing or more than 2 years old

PPP Loan Search / MN / GRAND MARAIS / Sven and ole's, inc.

SVEN AND OLE'S, INC.

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SVEN AND OLE'S, INC.

Borrower Address

9 W Wisconsin St

Borrower City

GRAND MARAIS

Borrower State

MN

Borrower Zip

55604-0001

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70242.25

Current Approval Amount

70242.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38186

Servicing Lender Name

Grand Marais State Bank

Servicing Lender Address

211 E Hwy 61

Servicing Lender City

GRAND MARAIS

Servicing Lender State

MN

Servicing Lender Zip

55604-4403

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND MARAIS

Project County Name

COOK

Project State

MN

Project Zip

55604-0001

CD

MN-08

Jobs Reported

10

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70242.25

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

38186

Originating Lender

Grand Marais State Bank

Originating Lender City

GRAND MARAIS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70792.48

Forgiveness Date

02/11/2021

;