Date Approved
04/08/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
CULVER'S OF LAKEVILLE
Borrower Address
17800 KENWOOD TRL
Borrower City
LAKEVILLE
Borrower State
MN
Borrower Zip
55044-9492
Loan Status Date
07/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
185400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Culver's ButterBurgers & Frozen Custard
Servicing Lender Location Id
38270
Servicing Lender Name
Prime Security Bank
Servicing Lender Address
201 Main St
Servicing Lender City
KARLSTAD
Servicing Lender State
Servicing Lender Zip
56732
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DAKOTA
Project State
Project Zip
CD
MN-02
Jobs Reported
38
NAICS Code
722513
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
19000.00
Payroll Proceed
159600.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
6800.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
187588.75
Forgiveness Date
06/22/2021