PPP Loan information for Graces mexican restaurant

$14,700

Graces mexican restaurant was initially approved for PPP Loan of amount $14,700, the current approved amount is $14,700. The loan was approved on 04/06/2020 by The 1st United Bank reported 7 jobs and $14,700 was used to fund payroll.

Graces mexican restaurant is Existing or more than 2 years old

PPP Loan Search / MN / OWATONNA / Graces mexican restaurant

GRACES MEXICAN RESTAURANT

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GRACES MEXICAN RESTAURANT

Borrower Address

1170 12TH AVE NW

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-1102

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14700.00

Current Approval Amount

14700.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-1102

CD

MN-01

Jobs Reported

7

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14700.00

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

Sole Proprietorship

Originating Lender Location Id

88765

Originating Lender

1st United Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

14815.97

Forgiveness Date

01/26/2021

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