PPP Loan information for Qfs of savage inc

$123,500

Qfs of savage inc was initially approved for PPP Loan of amount $123,500, the current approved amount is $123,500. The loan was approved on 04/09/2020 by The Merchants Bank, National Association reported 19 jobs and $123,500 was used to fund payroll.

Qfs of savage inc is Existing or more than 2 years old

QFS OF SAVAGE INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

QFS OF SAVAGE INC

Borrower Address

14435 HIGHWAY 13

Borrower City

SAVAGE

Borrower State

MN

Borrower Zip

55378-2510

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123500.00

Current Approval Amount

123500.00

Undisbursed Amount

0.00

Franchise Name

Perkins Restaurant & Bakery

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

SAVAGE

Project County Name

SCOTT

Project State

MN

Project Zip

55378-2510

CD

MN-02

Jobs Reported

19

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11544.00

Payroll Proceed

91184.00

Mortgage Interest Proceed

0.00

Rent Proceed

20772.00

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

112747.57

Forgiveness Date

03/23/2021

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