PPP Loan information for The shop, inc.

$93,500

The shop, inc. was initially approved for PPP Loan of amount $93,500, the current approved amount is $93,500. The loan was approved on 04/15/2020 by The Minnwest Bank reported 8 jobs and $93,500 was used to fund payroll.

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

THE SHOP, INC.

Date Approved

04/15/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

THE SHOP, INC.

Borrower Address

411 5TH AVE

Borrower City

BIG STONE CITY

Borrower State

SD

Borrower Zip

57216-2136

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93500.00

Current Approval Amount

93500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIG STONE CITY

Project County Name

GRANT

Project State

SD

Project Zip

57216-2136

CD

SD-

Jobs Reported

8

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

93500.00

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

Subchapter S Corporation

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

94488.79

Forgiveness Date

05/17/2021

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