PPP Loan information for Banadir restaurant & grocery

$13,000

Banadir restaurant & grocery was initially approved for PPP Loan of amount $13,000, the current approved amount is $13,000. The loan was approved on 04/28/2020 by The 1st United Bank reported 6 jobs and $13,000 was used to fund payroll.

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

PPP Loan Search / MN / FARIBAULT / Banadir restaurant & grocery

BANADIR RESTAURANT & GROCERY

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BANADIR RESTAURANT & GROCERY

Borrower Address

211 CENTRAL AVE N

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-5212

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13000.00

Current Approval Amount

13000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88765

Servicing Lender Name

1st United Bank

Servicing Lender Address

430 NW Fourth St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5031

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

6

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

13000.00

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

88765

Originating Lender

1st United Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

13122.06

Forgiveness Date

04/08/2021

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