PPP Loan information for The minnesoda fountain of park rapids inc.

Date Approved

02/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

THE MINNESODA FOUNTAIN OF PARK RAPIDS INC.

Borrower Address

205 Main Ave S

Borrower City

Park Rapids

Borrower State

MN

Borrower Zip

56470-1517

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62100.00

Current Approval Amount

62100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38734

Servicing Lender Name

The Citizens National Bank of Park Rapids

Servicing Lender Address

300 W 1st St

Servicing Lender City

PARK RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

56470-1402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Park Rapids

Project County Name

HUBBARD

Project State

MN

Project Zip

56470-1517

CD

MN-07

Jobs Reported

6

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62094.00

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

38734

Originating Lender

The Citizens National Bank of Park Rapids

Originating Lender City

PARK RAPIDS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62620.95

Forgiveness Date

01/03/2022