PPP Loan information for Canelake's candies inc

$22,817

Canelake's candies inc was initially approved for PPP Loan of amount $22,817, the current approved amount is $22,817. The loan was approved on 04/30/2020 by The Northern State Bank of Virginia reported 4 jobs and $22,817 was used to fund payroll.

Canelake's candies inc is Change of Ownership

CANELAKE'S CANDIES INC

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CANELAKE'S CANDIES INC

Borrower Address

414 CHESTNUT ST

Borrower City

VIRGINIA

Borrower State

MN

Borrower Zip

55792-2526

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22817.00

Current Approval Amount

22817.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38972

Servicing Lender Name

Northern State Bank of Virginia

Servicing Lender Address

600 Chestnut St

Servicing Lender City

VIRGINIA

Servicing Lender State

MN

Servicing Lender Zip

55792-2534

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Change of Ownership

Project City

VIRGINIA

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55792-2526

CD

MN-08

Jobs Reported

4

NAICS Code

311351

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2281.70

Payroll Proceed

18253.60

Mortgage Interest Proceed

2281.70

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

38972

Originating Lender

Northern State Bank of Virginia

Originating Lender City

VIRGINIA

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

22931.72

Forgiveness Date

11/05/2020

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