PPP Loan information for Detroit lakes fast food

$134,500

Detroit lakes fast food was initially approved for PPP Loan of amount $134,500, the current approved amount is $134,500. The loan was approved on 04/03/2020 by The Midwest Bank reported 24 jobs and $134,500 was used to fund payroll.

Detroit lakes fast food is Existing or more than 2 years old

DETROIT LAKES FAST FOOD

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DETROIT LAKES FAST FOOD

Borrower Address

471 hwy 10 e

Borrower City

DETROIT LAKES

Borrower State

MN

Borrower Zip

56501

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

134500.00

Current Approval Amount

134500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DETROIT LAKES

Project County Name

BECKER

Project State

MN

Project Zip

56501-0002

CD

MN-07

Jobs Reported

24

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

134500.00

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

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

135391.75

Forgiveness Date

12/09/2020

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