PPP Loan information for Minnesota city custom wear inc

$89,094

Minnesota city custom wear inc was initially approved for PPP Loan of amount $89,094, the current approved amount is $89,094. The loan was approved on 04/11/2020 by The Merchants Bank, National Association reported 16 jobs and $89,094 was used to fund payroll.

Minnesota city custom wear inc is Existing or more than 2 years old

MINNESOTA CITY CUSTOM WEAR INC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA CITY CUSTOM WEAR INC

Borrower Address

54 E 2ND ST

Borrower City

WINONA

Borrower State

MN

Borrower Zip

55987-3409

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89094.00

Current Approval Amount

89094.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINONA

Project County Name

WINONA

Project State

MN

Project Zip

55987-3409

CD

MN-01

Jobs Reported

16

NAICS Code

314999

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

2800.00

Payroll Proceed

78694.00

Mortgage Interest Proceed

0.00

Rent Proceed

7600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89737.46

Forgiveness Date

01/07/2021

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