PPP Loan information for Sven & ole's inc.

$98,339

Sven & ole's inc. was initially approved for PPP Loan of amount $98,339, the current approved amount is $98,339. The loan was approved on 02/06/2021 by The Grand Marais State Bank reported 6 jobs and $98,339 was used to fund payroll.

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

PPP Loan Search / MN / Grand Marais / Sven & ole's inc.

SVEN & OLE'S INC.

Date Approved

02/06/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SVEN & OLE'S INC.

Borrower Address

9 West Wisconsin Street

Borrower City

Grand Marais

Borrower State

MN

Borrower Zip

55604

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98339.15

Current Approval Amount

98339.15

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

CD

MN-08

Jobs Reported

6

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

98334.15

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

99434.54

Forgiveness Date

03/17/2022

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