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Parallel Cafe

Minneapolis, MN 55405

The loans, in SBA’s record

$132.9 thousand
Approved
$132,856
The amount of every loan as it now stands, added together.
1
Loan
1 second draw.
$134.1 thousand
Forgiven
$134,085
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $132,856
By the amount SBA approved, ranks 1,099,182nd of 10,688,106 borrowers nationally, 22,044th of 209,722 in Minnesota and 7,502nd of 48,000 in the project’s county, Hennepin, MN. Larger than 89% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

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Paycheck Protection Program loans to Parallel Cafe, as SBA recorded them
Approved onAmountStatus
January 28, 2021$132.9 thousandPaid in Full

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved

Parallel Cafe: $132.9 thousand in PPP loans (2021)