PPP Loan information for Root river saloon

$34,400

Root river saloon was initially approved for PPP Loan of amount $34,400, the current approved amount is $34,400. The loan was approved on 04/10/2020 by The Merchants Bank, National Association reported 7 jobs and $34,400 was used to fund payroll.

Root river saloon is Existing or more than 2 years old

PPP Loan Search / MN / LANESBORO / Root river saloon

ROOT RIVER SALOON

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ROOT RIVER SALOON

Borrower Address

PO BOX 18 112 COFFEE STREET

Borrower City

LANESBORO

Borrower State

MN

Borrower Zip

55949-0212

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34400.00

Current Approval Amount

34400.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANESBORO

Project County Name

FILLMORE

Project State

MN

Project Zip

55949-0212

CD

MN-01

Jobs Reported

7

NAICS Code

445310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1800.00

Payroll Proceed

31400.00

Mortgage Interest Proceed

0.00

Rent Proceed

1200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

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

34667.56

Forgiveness Date

01/26/2021

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