PPP Loan information for Sylte bros

$304,300

Sylte bros was initially approved for PPP Loan of amount $304,300, the current approved amount is $304,300. The loan was approved on 04/06/2020 by The Glenwood State Bank Incorporated reported 27 jobs and $304,300 was used to fund payroll.

Sylte bros is Existing or more than 2 years old

SYLTE BROS

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

SYLTE BROS

Borrower Address

907 5th Ave

Borrower City

IPSWICH

Borrower State

SD

Borrower Zip

57451-2066

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

304300.00

Current Approval Amount

304300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38123

Servicing Lender Name

Glenwood State Bank Incorporated

Servicing Lender Address

5 E Minnesota Ave

Servicing Lender City

GLENWOOD

Servicing Lender State

MN

Servicing Lender Zip

56334-1625

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IPSWICH

Project County Name

EDMUNDS

Project State

SD

Project Zip

57451-2066

CD

SD-

Jobs Reported

27

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

304300.00

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

Partnership

Originating Lender Location Id

38123

Originating Lender

Glenwood State Bank Incorporated

Originating Lender City

GLENWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

306450.94

Forgiveness Date

12/31/2020

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