PPP Loan information for The next chapter llc

$52,000

The next chapter llc was initially approved for PPP Loan of amount $52,000, the current approved amount is $52,000. The loan was approved on 04/04/2020 by The Merchants Bank, National Association reported 20 jobs and $52,000 was used to fund payroll.

The next chapter llc is New Business or 2 years or less

PPP Loan Search / MN / NEW PRAGUE / The next chapter llc

THE NEXT CHAPTER LLC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE NEXT CHAPTER LLC

Borrower Address

16945 320TH ST

Borrower City

NEW PRAGUE

Borrower State

MN

Borrower Zip

56071-4542

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52000.00

Current Approval Amount

52000.00

Undisbursed Amount

0.00

Franchise Name

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEW PRAGUE

Project County Name

LE SUEUR

Project State

MN

Project Zip

56071-4542

CD

MN-02

Jobs Reported

20

NAICS Code

312130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

45000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42260.17

Forgiveness Date

11/25/2020

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