PPP Loan information for Lagom cafe llc

$143,500

Lagom cafe llc was initially approved for PPP Loan of amount $143,500, the current approved amount is $143,500. The loan was approved on 04/15/2020 by The Merchants Bank, National Association reported 9 jobs and $143,500 was used to fund payroll.

Lagom cafe llc is New Business or 2 years or less

LAGOM CAFE LLC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAGOM CAFE LLC

Borrower Address

1011 SAINT OLAF AVE

Borrower City

NORTHFIELD

Borrower State

MN

Borrower Zip

55057-1530

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143500.00

Current Approval Amount

143500.00

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

New Business or 2 years or less

Project City

NORTHFIELD

Project County Name

RICE

Project State

MN

Project Zip

55057-1530

CD

MN-02

Jobs Reported

9

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

143500.00

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

144767.58

Forgiveness Date

03/05/2021

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