PPP Loan information for Brother's market, inc.

$504,200

Brother's market, inc. was initially approved for PPP Loan of amount $504,200, the current approved amount is $504,200. The loan was approved on 04/05/2020 by The Glenwood State Bank Incorporated reported 115 jobs and $504,200 was used to fund payroll.

Brother's market, inc. is New Business or 2 years or less

PPP Loan Search / MN / ALEXANDRIA / Brother's market, inc.

BROTHER'S MARKET, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BROTHER'S MARKET, INC.

Borrower Address

8170 STATE HIGHWAY 29 N

Borrower City

ALEXANDRIA

Borrower State

MN

Borrower Zip

56308-8024

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

504200.00

Current Approval Amount

504200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38123

Servicing Lender Name

Glenwood State Bank Incorporated

Servicing Lender Address

5 E Minnesota Ave

Servicing Lender City

GLENWOOD

Servicing Lender State

MN

Servicing Lender Zip

56334-1625

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ALEXANDRIA

Project County Name

DOUGLAS

Project State

MN

Project Zip

56308-8024

CD

MN-07

Jobs Reported

115

NAICS Code

541613

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

504200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38123

Originating Lender

Glenwood State Bank Incorporated

Originating Lender City

GLENWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

509020.98

Forgiveness Date

03/31/2021

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