PPP Loan information for Minnetonka brewing and equipment company

$56,700

Minnetonka brewing and equipment company was initially approved for PPP Loan of amount $56,700, the current approved amount is $56,700. The loan was approved on 06/16/2020 by The Alerus Financial, National Association reported 3 jobs and $56,700 was used to fund payroll.

Minnetonka brewing and equipment company is Existing or more than 2 years old

MINNETONKA BREWING AND EQUIPMENT COMPANY

Date Approved

06/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNETONKA BREWING AND EQUIPMENT COMPANY

Borrower Address

6022 CULLIGAN WAY

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55345-5917

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56700.00

Current Approval Amount

56700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-5917

CD

MN-03

Jobs Reported

3

NAICS Code

312120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14200.00

Payroll Proceed

42500.00

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

Subchapter S Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57123.68

Forgiveness Date

03/22/2021

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