PPP Loan information for Qfs of faribault inc

$231,000

Qfs of faribault inc was initially approved for PPP Loan of amount $231,000, the current approved amount is $231,000. The loan was approved on 04/09/2020 by The Merchants Bank, National Association reported 29 jobs and $231,000 was used to fund payroll.

Qfs of faribault inc is Unanswered

QFS OF FARIBAULT INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

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

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

231000.00

Current Approval Amount

231000.00

Undisbursed Amount

0.00

Franchise Name

Perkins Restaurant & Bakery

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

Unanswered

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55306-5150

CD

MN-02

Jobs Reported

29

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9231.00

Payroll Proceed

198692.00

Mortgage Interest Proceed

0.00

Rent Proceed

23077.00

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

232507.92

Forgiveness Date

12/09/2020

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