PPP Loan information for Palace wine & spirits

$19,007

Palace wine & spirits was initially approved for PPP Loan of amount $19,007, the current approved amount is $19,007. The loan was approved on 02/23/2021 by The U.S. Bank, National Association reported 7 jobs and $19,007 was used to fund payroll.

Palace wine & spirits is Existing or more than 2 years old

PPP Loan Search / MN / BLOOMINGTON / Palace wine & spirits

PALACE WINE & SPIRITS

Date Approved

02/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PALACE WINE & SPIRITS

Borrower Address

3701 OLD RD W 500

Borrower City

BLOOMINGTON

Borrower State

MN

Borrower Zip

55431

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19007.00

Current Approval Amount

19007.00

Undisbursed Amount

0.00

Franchise Name

MGM Wine & Spirits

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

HENNEPIN

Project State

MN

Project Zip

55431

CD

MN-03

Jobs Reported

7

NAICS Code

445310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

19005.00

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

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

19091.48

Forgiveness Date

08/04/2021

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