PPP Loan information for Sweet financial services, inc

$203,700

Sweet financial services, inc was initially approved for PPP Loan of amount $203,700, the current approved amount is $203,700. The loan was approved on 04/06/2020 by The First Farmers & Merchants National Bank reported 16 jobs and $203,700 was used to fund payroll.

Sweet financial services, inc is Existing or more than 2 years old

SWEET FINANCIAL SERVICES, INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SWEET FINANCIAL SERVICES, INC

Borrower Address

1300 S PRAIRIE AVE

Borrower City

FAIRMONT

Borrower State

MN

Borrower Zip

56031-3155

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

203700.00

Current Approval Amount

203700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116933

Servicing Lender Name

First Farmers & Merchants National Bank

Servicing Lender Address

114 S Park St

Servicing Lender City

FAIRMONT

Servicing Lender State

MN

Servicing Lender Zip

56031-2863

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARTIN

Project State

MN

Project Zip

56031-3155

CD

MN-01

Jobs Reported

16

NAICS Code

523930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12000.00

Payroll Proceed

152775.00

Mortgage Interest Proceed

0.00

Rent Proceed

38925.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

116933

Originating Lender

First Farmers & Merchants National Bank

Originating Lender City

FAIRMONT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

204990.10

Forgiveness Date

12/08/2020

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