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Bev's Cafe

$36,100 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
5993227400
Date Approved
May 13, 2020
Loan Status
Paid in Full
Initial Approval
$36,100
Current Approval
$36,100
Forgiveness Amount
$36,354
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bev's Cafe
Address
221 Bush Street
City
Red Wing
State
Minnesota
ZIP Code
55066
Business Type
Sole Proprietorship
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$30,034
Utilities
$5,520
Mortgage Interest
$546

Lender Information

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

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