The Next Chapter LLC

$52,000 PPP Loan in New Prague, Minnesota

Loan Details

Loan Number
4695247000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$52,000
Current Approval
$52,000
Forgiveness Amount
$52,344
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Next Chapter LLC
Address
16945 320th St
ZIP Code
56071-4542
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (312130)
Business Age
New Business or 2 years or less
Jobs Reported
20
Estimated Revenue
$7.1M
Rural/Urban
Rural
Congressional District
MN-02

Loan Use Breakdown

Payroll
$45,000
Rent
$5,000
Utilities
$2,000

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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