PPP Loan information for Acoustic cafe iii inc

$58,100

Acoustic cafe iii inc was initially approved for PPP Loan of amount $58,100, the current approved amount is $58,100. The loan was approved on 04/05/2020 by The Merchants Bank, National Association reported 11 jobs and $58,100 was used to fund payroll.

Acoustic cafe iii inc is Existing or more than 2 years old

ACOUSTIC CAFE III INC

Date Approved

04/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ACOUSTIC CAFE III INC

Borrower Address

505 S BARSTOW ST

Borrower City

EAU CLAIRE

Borrower State

WI

Borrower Zip

54701-3609

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58100.00

Current Approval Amount

58100.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EAU CLAIRE

Project County Name

EAU CLAIRE

Project State

WI

Project Zip

54701-3609

CD

WI-03

Jobs Reported

11

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

43600.00

Mortgage Interest Proceed

10500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58519.61

Forgiveness Date

12/31/2020

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