Merchants Cafe

$58,044 PPP Loan in North Branch, Minnesota

Loan Details

Loan Number
8501858308
Date Approved
Jan 29, 2021
Loan Status
Paid in Full
Initial Approval
$58,044
Current Approval
$58,044
Forgiveness Amount
$58,355
Forgiveness Date
Aug 18, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Merchants Cafe
Address
6338 Main St
ZIP Code
55056-6693
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$58,039
Utilities
$1

Lender Information

Servicing Lender
Bell Bank
Originating Lender
Bell Bank

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