PPP Loan information for Festivals inc

$211,095

Festivals inc was initially approved for PPP Loan of amount $211,095, the current approved amount is $211,095. The loan was approved on 02/03/2021 by The Minnwest Bank reported 41 jobs and $211,095 was used to fund payroll.

Festivals inc is Existing or more than 2 years old

PPP Loan Search / MN / Shakopee / Festivals inc

FESTIVALS INC

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

FESTIVALS INC

Borrower Address

1244 Canterbury Rd S Ste 306

Borrower City

Shakopee

Borrower State

MN

Borrower Zip

55379-8944

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

211095.00

Current Approval Amount

211095.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shakopee

Project County Name

SCOTT

Project State

MN

Project Zip

55379-8944

CD

MN-02

Jobs Reported

41

NAICS Code

711310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

211092.00

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

Subchapter S Corporation

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

212783.76

Forgiveness Date

11/26/2021

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