PPP Loan information for Satellite shelters, inc.

$3,322,825

Satellite shelters, inc. was initially approved for PPP Loan of amount $3,322,825, the current approved amount is $3,322,825. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 186 jobs and $3,322,825 was used to fund payroll.

Satellite shelters, inc. is Existing or more than 2 years old

SATELLITE SHELTERS, INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SATELLITE SHELTERS, INC.

Borrower Address

2530 Xenium Ln N

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55441

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3322825.00

Current Approval Amount

3322825.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55441-0001

CD

MN-03

Jobs Reported

186

NAICS Code

332311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3322825.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3361037.49

Forgiveness Date

06/11/2021

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