2ND SHADE, LLC (MN) - 2020 PPP Loan Borrower Profile (# 6039107005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 2ND SHADE, LLC. 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

6039107005

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$187,000

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$189,402.82

Date Loan was Forgiven

Jul 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,700

Payroll Proced

142,000

Rent Proceed

39,300

Lender

Bridgewater Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

442110

Borrower Location

MINNETONKA, MN

Project Location

MINNETONKA, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.