PPP Loan information for Saraswatiinc

$60,928

Saraswatiinc was initially approved for PPP Loan of amount $60,928, the current approved amount is $60,928. The loan was approved on 02/14/2021 by The Merchants Bank, National Association reported 10 jobs and $60,928 was used to fund payroll.

Saraswatiinc is Existing or more than 2 years old

PPP Loan Search / MN / Red Wing / Saraswatiinc

SARASWATIINC

Date Approved

02/14/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SARASWATIINC

Borrower Address

232 Withers Harbor Dr

Borrower City

Red Wing

Borrower State

MN

Borrower Zip

55066-2081

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60928.00

Current Approval Amount

60928.00

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

1.00

Payroll Proceed

60922.00

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

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

61210.64

Forgiveness Date

08/04/2021

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