PPP Loan information for Merlins family restaurant inc.

$103,188

Merlins family restaurant inc. was initially approved for PPP Loan of amount $103,188, the current approved amount is $103,188. The loan was approved on 02/24/2021 by The Minnesota Lakes Bank reported 22 jobs and $103,188 was used to fund payroll.

Merlins family restaurant inc. is Existing or more than 2 years old

PPP Loan Search / MN / Princeton / Merlins family restaurant inc.

MERLINS FAMILY RESTAURANT INC.

Date Approved

02/24/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MERLINS FAMILY RESTAURANT INC.

Borrower Address

504 19th Ave N

Borrower City

Princeton

Borrower State

MN

Borrower Zip

55371-2401

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103188.00

Current Approval Amount

103188.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36775

Servicing Lender Name

Minnesota Lakes Bank

Servicing Lender Address

710 Babcock Blvd East

Servicing Lender City

DELANO

Servicing Lender State

MN

Servicing Lender Zip

55328-8602

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Princeton

Project County Name

MILLE LACS

Project State

MN

Project Zip

55371-2401

CD

MN-08

Jobs Reported

22

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

103188.00

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

36775

Originating Lender

Minnesota Lakes Bank

Originating Lender City

DELANO

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104360.33

Forgiveness Date

04/19/2022

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