Qfs of Faribault INC

$231,000 PPP Loan in Burnsville, Minnesota

Loan Details

Loan Number
9374107006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$231,000
Current Approval
$231,000
Forgiveness Amount
$232,508
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Qfs of Faribault INC
Address
890 Bluebill Bay Rd
ZIP Code
55306-5150
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Perkins Restaurant & Bakery
Business Age
Unanswered
Jobs Reported
29
Estimated Revenue
$5.1M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$198,692
Rent
$23,077
Utilities
$9,231

Lender Information

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

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