PPP Loan information for Culver's of lakeville

$185,400

Culver's of lakeville was initially approved for PPP Loan of amount $185,400, the current approved amount is $185,400. The loan was approved on 04/08/2020 by The Prime Security Bank reported 38 jobs and $185,400 was used to fund payroll.

Culver's of lakeville is Existing or more than 2 years old

CULVER'S OF LAKEVILLE

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

185400.00

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

MN

Servicing Lender Zip

56732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-9492

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

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6800.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38270

Originating Lender

Prime Security Bank

Originating Lender City

KARLSTAD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

187588.75

Forgiveness Date

06/22/2021

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