PPP Loan information for Tadd's lighthouse inc.

$340,000

Tadd's lighthouse inc. was initially approved for PPP Loan of amount $330,000, the current approved amount is $340,000. The loan was approved on 04/10/2020 by The First National Bank reported 40 jobs and $340,000 was used to fund payroll.

Tadd's lighthouse inc. is Existing or more than 2 years old

TADD'S LIGHTHOUSE INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TADD'S LIGHTHOUSE INC.

Borrower Address

1231 HIGHWAY 25 PMB 407

Borrower City

BUFFALO

Borrower State

MN

Borrower Zip

55313-1939

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

330000.00

Current Approval Amount

340000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38099

Servicing Lender Name

First National Bank

Servicing Lender Address

141 E Main St

Servicing Lender City

OLDHAM

Servicing Lender State

SD

Servicing Lender Zip

57051

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO

Project County Name

WRIGHT

Project State

MN

Project Zip

55313-1939

CD

MN-06

Jobs Reported

40

NAICS Code

623990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

280000.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38099

Originating Lender

First National Bank

Originating Lender City

OLDHAM

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

342427.22

Forgiveness Date

01/07/2021

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