PPP Loan information for Banadir restaurant and grocery

$13,217

Banadir restaurant and grocery was initially approved for PPP Loan of amount $13,217, the current approved amount is $13,217. The loan was approved on 02/06/2021 by The Wells Fargo Bank, National Association reported 5 jobs and $13,217 was used to fund payroll.

Banadir restaurant and grocery is Existing or more than 2 years old

PPP Loan Search / MN / Faribault / Banadir restaurant and grocery

BANADIR RESTAURANT AND GROCERY

Date Approved

02/06/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BANADIR RESTAURANT AND GROCERY

Borrower Address

211 Central Ave N

Borrower City

Faribault

Borrower State

MN

Borrower Zip

55021-5212

Loan Status Date

09/13/2022

Loan Status

Charged Off

Term

40

SBA Guaranty Percentage

100

Initial Approval Amount

13217.00

Current Approval Amount

13217.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Faribault

Project County Name

RICE

Project State

MN

Project Zip

55021-5212

CD

MN-01

Jobs Reported

5

NAICS Code

445120

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

13215.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;