PPP Loan information for Old mill restaurant inc

$65,985

Old mill restaurant inc was initially approved for PPP Loan of amount $65,985, the current approved amount is $65,985. The loan was approved on 04/15/2020 by The First Farmers & Merchants State Bank reported 7 jobs and $65,985 was used to fund payroll.

Old mill restaurant inc is Existing or more than 2 years old

PPP Loan Search / MN / AUSTIN / Old mill restaurant inc

OLD MILL RESTAURANT INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLD MILL RESTAURANT INC

Borrower Address

3504 11TH PL

Borrower City

AUSTIN

Borrower State

MN

Borrower Zip

55912-6042

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65985.00

Current Approval Amount

65985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36685

Servicing Lender Name

First Farmers & Merchants State Bank

Servicing Lender Address

106 W Main St

Servicing Lender City

BROWNSDALE

Servicing Lender State

MN

Servicing Lender Zip

55918

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUSTIN

Project County Name

MOWER

Project State

MN

Project Zip

55912-6042

CD

MN-01

Jobs Reported

7

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16496.25

Payroll Proceed

49488.75

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

36685

Originating Lender

First Farmers & Merchants State Bank

Originating Lender City

BROWNSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

66289.26

Forgiveness Date

10/08/2020

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