PPP Loan information for The dance factory, inc.

$49,025

The dance factory, inc. was initially approved for PPP Loan of amount $49,025, the current approved amount is $49,025. The loan was approved on 04/10/2020 by The Frandsen Bank & Trust reported 19 jobs and $49,025 was used to fund payroll.

The dance factory, inc. is Existing or more than 2 years old

PPP Loan Search / MN / FOREST LAKE / The dance factory, inc.

THE DANCE FACTORY, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE DANCE FACTORY, INC.

Borrower Address

1432 S Lake St

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49025.00

Current Approval Amount

49025.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-0001

CD

MN-08

Jobs Reported

19

NAICS Code

711510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

36800.00

Mortgage Interest Proceed

0.00

Rent Proceed

12225.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49366.16

Forgiveness Date

12/31/2020

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