PPP Loan information for India palace burnsville inc

$56,616

India palace burnsville inc was initially approved for PPP Loan of amount $56,616, the current approved amount is $56,616. The loan was approved on 02/04/2021 by The Merchants Bank, National Association reported 9 jobs and $56,616 was used to fund payroll.

India palace burnsville inc is Existing or more than 2 years old

PPP Loan Search / MN / Burnsville / India palace burnsville inc

INDIA PALACE BURNSVILLE INC

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

INDIA PALACE BURNSVILLE INC

Borrower Address

1905 County Road 42 W

Borrower City

Burnsville

Borrower State

MN

Borrower Zip

55306-6211

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56616.00

Current Approval Amount

56616.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Burnsville

Project County Name

DAKOTA

Project State

MN

Project Zip

55306-6211

CD

MN-02

Jobs Reported

9

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

56614.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56965.13

Forgiveness Date

09/22/2021

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