Imagine Tomorrow Inc.

$728,000 PPP Loan in Medina, Minnesota

Loan Details

Loan Number
5694427107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$728,000
Current Approval
$728,000
Forgiveness Amount
$737,793
Forgiveness Date
Aug 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Imagine Tomorrow Inc.
Address
883 Meander Ct
City
Medina
ZIP Code
55340-4536
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
211
Estimated Revenue
$37.5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$562,000
Rent
$90,000
Utilities
$48,000
Debt Interest
$28,000

Lender Information

Servicing Lender
Bridgewater Bank
Originating Lender
Bridgewater Bank

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