PPP Loan information for Friendly stores inc.

$499,700

Friendly stores inc. was initially approved for PPP Loan of amount $499,700, the current approved amount is $499,700. The loan was approved on 04/13/2020 by The Bremer Bank, National Association reported 110 jobs and $499,700 was used to fund payroll.

Friendly stores inc. is Existing or more than 2 years old

FRIENDLY STORES INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FRIENDLY STORES INC.

Borrower Address

25 East 7th St. P O Box 147

Borrower City

MORRIS

Borrower State

MN

Borrower Zip

56267-1311

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

499700.00

Current Approval Amount

499700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORRIS

Project County Name

STEVENS

Project State

MN

Project Zip

56267-1311

CD

MN-07

Jobs Reported

110

NAICS Code

445110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

499700.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

504108.31

Forgiveness Date

03/05/2021

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