PPP Loan information for Minnesota foods llc

$75,000

Minnesota foods llc was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 05/07/2020 by The Drake Bank reported 7 jobs and $75,000 was used to fund payroll.

Minnesota foods llc is Existing or more than 2 years old

MINNESOTA FOODS LLC

Date Approved

05/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA FOODS LLC

Borrower Address

1341 Stratton Court

Borrower City

CHANHASSEN

Borrower State

MN

Borrower Zip

55317

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262368

Servicing Lender Name

Drake Bank

Servicing Lender Address

60 E Plato Blvd, Ste 100

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-1828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANHASSEN

Project County Name

CARVER

Project State

MN

Project Zip

55317-0001

CD

MN-06

Jobs Reported

7

NAICS Code

445210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

75000.00

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

262368

Originating Lender

Drake Bank

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

75839.58

Forgiveness Date

06/16/2021

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