PPP Loan information for Qfs of faribault inc.

$314,345

Qfs of faribault inc. was initially approved for PPP Loan of amount $314,345, the current approved amount is $314,345. The loan was approved on 01/21/2021 by The Merchants Bank, National Association reported 25 jobs and $314,345 was used to fund payroll.

Qfs of faribault inc. is Existing or more than 2 years old

QFS OF FARIBAULT INC.

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

QFS OF FARIBAULT INC.

Borrower Address

890 Bluebill Bay Rd

Borrower City

Burnsville

Borrower State

MN

Borrower Zip

55306-5150

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

314345.00

Current Approval Amount

314345.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burnsville

Project County Name

DAKOTA

Project State

MN

Project Zip

55306-5150

CD

MN-02

Jobs Reported

25

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

314339.00

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

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

317986.16

Forgiveness Date

03/22/2022

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