PPP Loan information for India palace, inc

$94,475

India palace, inc was initially approved for PPP Loan of amount $94,475, the current approved amount is $94,475. The loan was approved on 04/13/2020 by The Merchants Bank, National Association reported 13 jobs and $94,475 was used to fund payroll.

India palace, inc is Existing or more than 2 years old

INDIA PALACE, INC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INDIA PALACE, INC

Borrower Address

2570 CLEVELAND AVE N

Borrower City

Roseville

Borrower State

MN

Borrower Zip

55113-2601

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94475.00

Current Approval Amount

94475.00

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

Roseville

Project County Name

RAMSEY

Project State

MN

Project Zip

55113-2601

CD

MN-04

Jobs Reported

13

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4724.00

Payroll Proceed

75580.00

Mortgage Interest Proceed

0.00

Rent Proceed

14171.00

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

95241.30

Forgiveness Date

02/10/2021

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