Jack & Jim's Inc.

$225,783 PPP Loan in Foley, Minnesota

Loan Details

Loan Number
3282057108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$225,783
Current Approval
$225,783
Forgiveness Amount
$227,478
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jack & Jim's Inc.
Address
11025 Duelm Rd NE
City
Foley
ZIP Code
56329-9518
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$5.5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$169,338
Mortgage Interest
$56,445

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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