PPP Loan information for Libertys restaurant & lounge

$269,766

Libertys restaurant & lounge was initially approved for PPP Loan of amount $269,766, the current approved amount is $269,766. The loan was approved on 02/03/2021 by The Merchants Bank, National Association reported 55 jobs and $269,766 was used to fund payroll.

Libertys restaurant & lounge is Existing or more than 2 years old

LIBERTYS RESTAURANT & LOUNGE

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LIBERTYS RESTAURANT & LOUNGE

Borrower Address

303 W 3rd St

Borrower City

Red Wing

Borrower State

MN

Borrower Zip

55066-2306

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

269766.00

Current Approval Amount

269766.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Red Wing

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-2306

CD

MN-01

Jobs Reported

55

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

269764.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

272373.74

Forgiveness Date

01/25/2022

;