PPP Loan information for Nakato bar & grill inc

$194,894

Nakato bar & grill inc was initially approved for PPP Loan of amount $194,894, the current approved amount is $194,894. The loan was approved on 01/27/2021 by The Old National Bank reported 25 jobs and $194,894 was used to fund payroll.

Nakato bar & grill inc is Existing or more than 2 years old

NAKATO BAR & GRILL INC

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NAKATO BAR & GRILL INC

Borrower Address

253 Belgrade Ave

Borrower City

North Mankato

Borrower State

MN

Borrower Zip

56003-3803

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194894.00

Current Approval Amount

194894.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Mankato

Project County Name

NICOLLET

Project State

MN

Project Zip

56003-3803

CD

MN-01

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

194894.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

197232.73

Forgiveness Date

04/18/2022

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