PPP Loan information for The cannon group

$12,500

The cannon group was initially approved for PPP Loan of amount $12,500, the current approved amount is $12,500. The loan was approved on 04/15/2020 by The The State Bank of Faribault reported 4 jobs and $12,500 was used to fund payroll.

The cannon group is Existing or more than 2 years old

THE CANNON GROUP

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE CANNON GROUP

Borrower Address

4030 WELLS LAKE CT

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-7866

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

12500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-7866

CD

MN-01

Jobs Reported

4

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12500.00

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

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

12572.22

Forgiveness Date

11/19/2020

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