PPP Loan information for The spot

$8,700

The spot was initially approved for PPP Loan of amount $8,700, the current approved amount is $8,700. The loan was approved on 04/14/2020 by The Dakota Heritage Bank reported 4 jobs and $8,700 was used to fund payroll.

The spot is New Business or 2 years or less

PPP Loan Search / MN / RED LAKE FALLS / The spot

THE SPOT

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE SPOT

Borrower Address

604 Broadway Ave NE

Borrower City

RED LAKE FALLS

Borrower State

MN

Borrower Zip

56750-9999

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8700.00

Current Approval Amount

8700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52856

Servicing Lender Name

Dakota Heritage Bank

Servicing Lender Address

109 Main St

Servicing Lender City

HUNTER

Servicing Lender State

ND

Servicing Lender Zip

58048

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RED LAKE FALLS

Project County Name

RED LAKE

Project State

MN

Project Zip

56750-9999

CD

MN-07

Jobs Reported

4

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7000.00

Mortgage Interest Proceed

0.00

Rent Proceed

1700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

52856

Originating Lender

Dakota Heritage Bank

Originating Lender City

HUNTER

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8777.94

Forgiveness Date

03/11/2021

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