Shady Oak Distributing, Inc.

$201,400 PPP Loan in Hopkins, Minnesota

Loan Details

Loan Number
7523527205
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$201,400
Current Approval
$201,400
Forgiveness Amount
$202,547
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Shady Oak Distributing, Inc.
Address
13th Ave
ZIP Code
55343-7829
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423620)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$173,434
Rent
$19,112
Utilities
$2,261
Health Care
$6,593

Lender Information

Servicing Lender
First Minnetonka City Bank
Originating Lender
First Minnetonka City Bank

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