Date Approved
04/04/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
CHCR LLC
Borrower Address
450 POND PROMENADE
Borrower City
CHANHASSEN
Borrower State
MN
Borrower Zip
55317-8307
Loan Status Date
02/04/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
116800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Culver's ButterBurgers & Frozen Custard
Servicing Lender Location Id
24732
Servicing Lender Name
First Citizens Bank
Servicing Lender Address
2601 4th St SW
Servicing Lender City
MASON CITY
Servicing Lender State
IA
Servicing Lender Zip
50401-4650
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CARVER
Project State
Project Zip
CD
MN-06
Jobs Reported
45
NAICS Code
722513
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2500.00
Payroll Proceed
87600.00
Mortgage Interest Proceed
11700.00
Rent Proceed
15000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
117740.89
Forgiveness Date
01/26/2021