1ST SCRIBE, INC. (MN) - 2020 PPP Loan Borrower Profile (# 3156097108)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 1ST SCRIBE, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Minnesota.
Loan Detail
Loan Number
3156097108
SBA Office Code
0508
Processing Method
PPP
Curent Loan Amount
$612,322
Date Loan was Approved
Apr 11, 2020
Amount Forgiven
$618,173.08
Date Loan was Forgiven
Mar 31, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
550,000
Rent Proceed
62,322
Lender
Scale Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
541511
Borrower Location
HOPKINS, MN
Project Location
HOPKINS, MN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
37
Business Age Description
Existing or more than 2 years old
Data Source: SBA.