PPP Loan information for Faribault laundry llc

$16,796

Faribault laundry llc was initially approved for PPP Loan of amount $16,796, the current approved amount is $16,796. The loan was approved on 05/22/2020 by The Arcadian Bank reported 2 jobs and $16,796 was used to fund payroll.

Faribault laundry llc is Existing or more than 2 years old

FARIBAULT LAUNDRY LLC

Date Approved

05/22/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FARIBAULT LAUNDRY LLC

Borrower Address

200 WESTERN AVE

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-4510

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16796.00

Current Approval Amount

16796.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38215

Servicing Lender Name

Arcadian Bank

Servicing Lender Address

601 N Broadway

Servicing Lender City

HARTLAND

Servicing Lender State

MN

Servicing Lender Zip

56042-9782

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

55021-4510

CD

MN-01

Jobs Reported

2

NAICS Code

812310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16796.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38215

Originating Lender

Arcadian Bank

Originating Lender City

HARTLAND

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

16960.74

Forgiveness Date

06/01/2021

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