PPP Loan information for Cannon falls subway inc.

$44,525

Cannon falls subway inc. was initially approved for PPP Loan of amount $44,525, the current approved amount is $44,525. The loan was approved on 04/09/2020 by The First Farmers & Merchants Bank reported 14 jobs and $44,525 was used to fund payroll.

Cannon falls subway inc. is Existing or more than 2 years old

PPP Loan Search / MN / CANNON FALLS / Cannon falls subway inc.

CANNON FALLS SUBWAY INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CANNON FALLS SUBWAY INC.

Borrower Address

PO BOX 95

Borrower City

CANNON FALLS

Borrower State

MN

Borrower Zip

55009-0095

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44525.00

Current Approval Amount

44525.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANNON FALLS

Project County Name

GOODHUE

Project State

MN

Project Zip

55009-0095

CD

MN-01

Jobs Reported

14

NAICS Code

722513

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10686.00

Payroll Proceed

33839.00

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

Subchapter S Corporation

Originating Lender Location Id

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

44852.75

Forgiveness Date

01/07/2021

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