PPP Loan information for The sales board inc

$200,000

The sales board inc was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 04/07/2020 by The Lake Central Bank reported 12 jobs and $200,000 was used to fund payroll.

The sales board inc is Existing or more than 2 years old

PPP Loan Search / MN / Plymouth / The sales board inc

THE SALES BOARD INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE SALES BOARD INC

Borrower Address

14505 21ST AVE

Borrower City

Plymouth

Borrower State

MN

Borrower Zip

55447-5602

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36601

Servicing Lender Name

Lake Central Bank

Servicing Lender Address

40 Chestnut St W

Servicing Lender City

ANNANDALE

Servicing Lender State

MN

Servicing Lender Zip

55302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

HENNEPIN

Project State

MN

Project Zip

55447-5602

CD

MN-03

Jobs Reported

12

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8600.00

Payroll Proceed

170400.00

Mortgage Interest Proceed

0.00

Rent Proceed

21000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36601

Originating Lender

Lake Central Bank

Originating Lender City

ANNANDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Veteran

Non Profit

Forgiveness Amount

201205.56

Forgiveness Date

11/20/2020

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