PPP Loan information for Taproot llc

$41,439

Taproot llc was initially approved for PPP Loan of amount $41,439, the current approved amount is $41,439. The loan was approved on 04/06/2020 by The Vermillion State Bank reported 18 jobs and $41,439 was used to fund payroll.

Taproot llc is Existing or more than 2 years old

TAPROOT LLC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TAPROOT LLC

Borrower Address

100 Sibley Street

Borrower City

HASTINGS

Borrower State

MN

Borrower Zip

55033-1223

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41439.00

Current Approval Amount

41439.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-1223

CD

MN-02

Jobs Reported

18

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3815.00

Payroll Proceed

33932.00

Mortgage Interest Proceed

3692.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41717.56

Forgiveness Date

12/15/2020

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