PPP Loan information for Classic restaurant corporation

$375,700

Classic restaurant corporation was initially approved for PPP Loan of amount $375,700, the current approved amount is $375,700. The loan was approved on 02/10/2021 by The BNC National Bank reported 41 jobs and $375,700 was used to fund payroll.

Classic restaurant corporation is Existing or more than 2 years old

CLASSIC RESTAURANT CORPORATION

Date Approved

02/10/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

CLASSIC RESTAURANT CORPORATION

Borrower Address

4437 13th Ave S

Borrower City

Fargo

Borrower State

ND

Borrower Zip

58103-3311

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

375700.00

Current Approval Amount

375700.00

Undisbursed Amount

0.00

Franchise Name

Denny's

Servicing Lender Location Id

224982

Servicing Lender Name

BNC National Bank

Servicing Lender Address

20175 N 67th Ave

Servicing Lender City

GLENDALE

Servicing Lender State

AZ

Servicing Lender Zip

85308-7000

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fargo

Project County Name

CASS

Project State

ND

Project Zip

58103-3311

CD

ND-

Jobs Reported

41

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

375698.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

224982

Originating Lender

BNC National Bank

Originating Lender City

GLENDALE

Originating Lender State

AZ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

377620.24

Forgiveness Date

08/23/2021

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