PPP Loan information for Mill pond mercantile, inc.

$36,600

Mill pond mercantile, inc. was initially approved for PPP Loan of amount $36,600, the current approved amount is $36,600. The loan was approved on 04/27/2020 by The Lake Region Bank reported 12 jobs and $36,600 was used to fund payroll.

Mill pond mercantile, inc. is Existing or more than 2 years old

MILL POND MERCANTILE, INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MILL POND MERCANTILE, INC.

Borrower Address

24 Main Street N

Borrower City

NEW LONDON

Borrower State

MN

Borrower Zip

56273-8509

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36600.00

Current Approval Amount

36600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38669

Servicing Lender Name

Lake Region Bank

Servicing Lender Address

51 Main St

Servicing Lender City

NEW LONDON

Servicing Lender State

MN

Servicing Lender Zip

56273

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW LONDON

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56273-8509

CD

MN-07

Jobs Reported

12

NAICS Code

531120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7320.00

Payroll Proceed

29280.00

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

38669

Originating Lender

Lake Region Bank

Originating Lender City

NEW LONDON

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37007.68

Forgiveness Date

06/10/2021

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