PPP Loan information for Salo, llc

$10,000,000

Salo, llc was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/14/2020 by The BMO Harris Bank National Association reported 500 jobs and $10,000,000 was used to fund payroll.

Salo, llc is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Salo, llc

SALO, LLC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SALO, LLC

Borrower Address

20 South 13th Street Suite 200

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55403

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55403-0101

CD

MN-05

Jobs Reported

500

NAICS Code

541612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10118904.11

Forgiveness Date

06/30/2021

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