PPP Loan information for South-town, inc.

$1,471,500

South-town, inc. was initially approved for PPP Loan of amount $1,471,500, the current approved amount is $1,471,500. The loan was approved on 04/07/2020 by The Falcon National Bank reported 54 jobs and $1,471,500 was used to fund payroll.

South-town, inc. is Existing or more than 2 years old

PPP Loan Search / MN / SAINT CLOUD / South-town, inc.

SOUTH-TOWN, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOUTH-TOWN, INC.

Borrower Address

604 LINCOLN AVE

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56304-0248

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1471500.00

Current Approval Amount

1471500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

BENTON

Project State

MN

Project Zip

56304-0248

CD

MN-06

Jobs Reported

54

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1471500.00

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

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1490004.62

Forgiveness Date

07/20/2021

;