PPP Loan information for Mandy's coffee and cafe

$46,889

Mandy's coffee and cafe was initially approved for PPP Loan of amount $33,492, the current approved amount is $46,889. The loan was approved on 02/06/2021 by The First Farmers & Merchants Bank reported 10 jobs and $46,889 was used to fund payroll.

Mandy's coffee and cafe is Existing or more than 2 years old

MANDY'S COFFEE AND CAFE

Date Approved

02/06/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MANDY'S COFFEE AND CAFE

Borrower Address

419 W 3rd St

Borrower City

Red Wing

Borrower State

MN

Borrower Zip

55066-2310

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

33492.00

Current Approval Amount

46889.00

Undisbursed Amount

0.00

Franchise Name

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

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

55066-2310

CD

MN-01

Jobs Reported

10

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

46886.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47088.28

Forgiveness Date

07/14/2021

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