PPP Loan information for Saraswati,inc

$42,000

Saraswati,inc was initially approved for PPP Loan of amount $42,000, the current approved amount is $42,000. The loan was approved on 04/06/2020 by The Merchants Bank, National Association reported 10 jobs and $42,000 was used to fund payroll.

Saraswati,inc is Existing or more than 2 years old

PPP Loan Search / MN / RED WING / Saraswati,inc

SARASWATI,INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SARASWATI,INC

Borrower Address

232 WITHERS HARBOR DR

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-2081

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42000.00

Current Approval Amount

42000.00

Undisbursed Amount

0.00

Franchise Name

Super 8 by Wyndhan

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-2081

CD

MN-01

Jobs Reported

10

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

30000.00

Mortgage Interest Proceed

5000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32210.67

Forgiveness Date

12/09/2020

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