12 MILE TAVERN (MN) - 2020 PPP Loan Borrower Profile (# 2177997101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 12 MILE TAVERN. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Minnesota.

Loan Detail

Loan Number

2177997101

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$9,200

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$9,291.75

Date Loan was Forgiven

Apr 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

800

Payroll Proced

7,400

Rent Proceed

1,000

Lender

Magnifi Financial CU

Business Detail

Business Type

Partnership

NAICS

722410

Borrower Location

SWANVILLE, MN

Project Location

SWANVILLE, MN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.