PPP Loan information for The dance factory inc.

$56,980

The dance factory inc. was initially approved for PPP Loan of amount $56,980, the current approved amount is $56,980. The loan was approved on 01/23/2021 by The Frandsen Bank & Trust reported 17 jobs and $56,980 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

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

THE DANCE FACTORY INC.

Borrower Address

1432 Lake St S

Borrower City

Forest Lake

Borrower State

MN

Borrower Zip

55025-2635

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56980.00

Current Approval Amount

56980.00

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

55025-2635

CD

MN-08

Jobs Reported

17

NAICS Code

611610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56979.00

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

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

57251.63

Forgiveness Date

07/27/2021

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