PPP Loan information for Sterlings cafe & grile

$59,400

Sterlings cafe & grile was initially approved for PPP Loan of amount $59,400, the current approved amount is $59,400. The loan was approved on 04/28/2020 by The Minnwest Bank reported 25 jobs and $59,400 was used to fund payroll.

Sterlings cafe & grile is Existing or more than 2 years old

PPP Loan Search / MN / LUVERNE / Sterlings cafe & grile

STERLINGS CAFE & GRILE

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STERLINGS CAFE & GRILE

Borrower Address

105 E MAIN ST

Borrower City

LUVERNE

Borrower State

MN

Borrower Zip

56156-1830

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59400.00

Current Approval Amount

59400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUVERNE

Project County Name

ROCK

Project State

MN

Project Zip

56156-1830

CD

MN-01

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59400.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59795.46

Forgiveness Date

01/07/2021

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