PPP Loan information for Bev's cafe

$36,100

Bev's cafe was initially approved for PPP Loan of amount $36,100, the current approved amount is $36,100. The loan was approved on 05/13/2020 by The Merchants Bank, National Association reported 9 jobs and $36,100 was used to fund payroll.

Bev's cafe is Existing or more than 2 years old

BEV'S CAFE

Date Approved

05/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BEV'S CAFE

Borrower Address

221 Bush Street

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36100.00

Current Approval Amount

36100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-0001

CD

MN-01

Jobs Reported

9

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5520.00

Payroll Proceed

30034.00

Mortgage Interest Proceed

546.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36353.70

Forgiveness Date

01/25/2021

;