PPP Loan information for European roasterie inc.

$410,774

European roasterie inc. was initially approved for PPP Loan of amount $410,774, the current approved amount is $410,774. The loan was approved on 01/27/2021 by The Frandsen Bank & Trust reported 49 jobs and $410,774 was used to fund payroll.

European roasterie inc. is Existing or more than 2 years old

PPP Loan Search / MN / Le Center / European roasterie inc.

EUROPEAN ROASTERIE INC.

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

EUROPEAN ROASTERIE INC.

Borrower Address

250 W Bradshaw St

Borrower City

Le Center

Borrower State

MN

Borrower Zip

56057-1121

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

410774.00

Current Approval Amount

410774.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Le Center

Project County Name

LE SUEUR

Project State

MN

Project Zip

56057-1121

CD

MN-02

Jobs Reported

49

NAICS Code

311920

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

410772.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

414532.86

Forgiveness Date

01/06/2022

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