PPP Loan information for Place in the country / gathering grounds coffee shop

$28,610

Place in the country / gathering grounds coffee shop was initially approved for PPP Loan of amount $28,610, the current approved amount is $28,610. The loan was approved on 04/07/2020 by The Farmers & Merchants State Bank of New York Mills, Incorporated reported 15 jobs and $28,610 was used to fund payroll.

Place in the country / gathering grounds coffee shop is Existing or more than 2 years old

PLACE IN THE COUNTRY / GATHERING GROUNDS COFFEE SHOP

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PLACE IN THE COUNTRY / GATHERING GROUNDS COFFEE SHOP

Borrower Address

134 1st Ave S

Borrower City

PERHAM

Borrower State

MN

Borrower Zip

56573-1401

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28610.00

Current Approval Amount

28610.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38692

Servicing Lender Name

Farmers & Merchants State Bank of New York Mills, Incorporated

Servicing Lender Address

11 N Walker Ave

Servicing Lender City

NEW YORK MILLS

Servicing Lender State

MN

Servicing Lender Zip

56567-4424

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PERHAM

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56573-1401

CD

MN-07

Jobs Reported

15

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28610.00

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

Sole Proprietorship

Originating Lender Location Id

38692

Originating Lender

Farmers & Merchants State Bank of New York Mills, Incorporated

Originating Lender City

NEW YORK MILLS

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28820.07

Forgiveness Date

01/07/2021

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