PPP Loan information for Lagom cafe llc

$121,625

Lagom cafe llc was initially approved for PPP Loan of amount $121,625, the current approved amount is $121,625. The loan was approved on 01/31/2021 by The Merchants Bank, National Association reported 19 jobs and $121,625 was used to fund payroll.

Lagom cafe llc is Existing or more than 2 years old

PPP Loan Search / MN / Northfield / Lagom cafe llc

LAGOM CAFE LLC

Date Approved

01/31/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LAGOM CAFE LLC

Borrower Address

1011 Saint Olaf Ave

Borrower City

Northfield

Borrower State

MN

Borrower Zip

55057-1530

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

121625.00

Current Approval Amount

121625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northfield

Project County Name

RICE

Project State

MN

Project Zip

55057-1530

CD

MN-02

Jobs Reported

19

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

121623.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

122216.23

Forgiveness Date

07/30/2021

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