PPP Loan information for Minnesota nice cafe, inc.

$51,900

Minnesota nice cafe, inc. was initially approved for PPP Loan of amount $51,900, the current approved amount is $51,900. The loan was approved on 04/07/2020 by The RiverWood Bank reported 31 jobs and $51,900 was used to fund payroll.

Minnesota nice cafe, inc. is Existing or more than 2 years old

MINNESOTA NICE CAFE, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA NICE CAFE, INC.

Borrower Address

315 IRVINE AVE NW

Borrower City

BEMIDJI

Borrower State

MN

Borrower Zip

56601-2923

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51900.00

Current Approval Amount

51900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78088

Servicing Lender Name

RiverWood Bank

Servicing Lender Address

14540 Dellwood Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-9744

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEMIDJI

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-2923

CD

MN-08

Jobs Reported

31

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

39900.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

78088

Originating Lender

RiverWood Bank

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52319.53

Forgiveness Date

02/03/2021

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