331 CLUB INC (MN) - 2020 PPP Loan Borrower Profile (# 4082927806)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 331 CLUB INC. 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

4082927806

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$59,500

Date Loan was Approved

May 27, 2020

Amount Forgiven

$59,995.56

Date Loan was Forgiven

Apr 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

9,125

Payroll Proced

44,625

Mortgage Interest Proceed

1,750

Rent Proceed

4,000

Lender

North Star Bank

Business Detail

Business Type

Corporation

NAICS

722410

Borrower Location

MINNEAPOLIS, MN

Project Location

MINNEAPOLIS, MN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.