PPP Loan information for The office shop inc

$192,670

The office shop inc was initially approved for PPP Loan of amount $192,670, the current approved amount is $192,670. The loan was approved on 04/10/2020 by The Security State Bank of Aitkin reported 18 jobs and $192,670 was used to fund payroll.

The office shop inc is Existing or more than 2 years old

THE OFFICE SHOP INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE OFFICE SHOP INC

Borrower Address

211 MINNESOTA AVE N

Borrower City

AITKIN

Borrower State

MN

Borrower Zip

56431-1411

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

192670.00

Current Approval Amount

192670.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36579

Servicing Lender Name

Security State Bank of Aitkin

Servicing Lender Address

402 Minnesota Ave North

Servicing Lender City

AITKIN

Servicing Lender State

MN

Servicing Lender Zip

56431-1416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AITKIN

Project County Name

AITKIN

Project State

MN

Project Zip

56431-1411

CD

MN-08

Jobs Reported

18

NAICS Code

453210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

670.00

Payroll Proceed

185000.00

Mortgage Interest Proceed

7000.00

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

36579

Originating Lender

Security State Bank of Aitkin

Originating Lender City

AITKIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

183593.50

Forgiveness Date

11/03/2020

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