PPP Loan information for Coalition restaurant llc

$230,000

Coalition restaurant llc was initially approved for PPP Loan of amount $230,000, the current approved amount is $230,000. The loan was approved on 04/06/2020 by The BankCherokee reported 34 jobs and $230,000 was used to fund payroll.

Coalition restaurant llc is Existing or more than 2 years old

COALITION RESTAURANT LLC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

COALITION RESTAURANT LLC

Borrower Address

227 WATER ST

Borrower City

EXCELSIOR

Borrower State

MN

Borrower Zip

55331-1824

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230000.00

Current Approval Amount

230000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38841

Servicing Lender Name

BankCherokee

Servicing Lender Address

607 S Smith Ave

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-2617

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EXCELSIOR

Project County Name

HENNEPIN

Project State

MN

Project Zip

55331-1824

CD

MN-03

Jobs Reported

34

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

230000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38841

Originating Lender

BankCherokee

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

232006.11

Forgiveness Date

02/25/2021

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