PPP Loan information for Merchants cafe mn corporation

$41,400

Merchants cafe mn corporation was initially approved for PPP Loan of amount $41,400, the current approved amount is $41,400. The loan was approved on 04/09/2020 by The Bell Bank reported 10 jobs and $41,400 was used to fund payroll.

Merchants cafe mn corporation is Existing or more than 2 years old

PPP Loan Search / MN / NORTH BRANCH / Merchants cafe mn corporation

MERCHANTS CAFE MN CORPORATION

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MERCHANTS CAFE MN CORPORATION

Borrower Address

6338 MAIN ST

Borrower City

NORTH BRANCH

Borrower State

MN

Borrower Zip

55056-6693

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41400.00

Current Approval Amount

41400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRANCH

Project County Name

CHISAGO

Project State

MN

Project Zip

55056-6693

CD

MN-08

Jobs Reported

10

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41400.00

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

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41697.85

Forgiveness Date

01/07/2021

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