16 Penny Inc.

$38,877 PPP Loan in Thief River Falls, Minnesota

Loan Details

Loan Number
8129257203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$38,877
Current Approval
$38,877
Forgiveness Amount
$39,167
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
16 Penny Inc.
Address
307 Main Aven
ZIP Code
56701-1905
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$29,158
Utilities
$9,719

Lender Information

Servicing Lender
Northern State Bank of Thief River Falls
Originating Lender
Northern State Bank of Thief River Falls

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