PPP Loan information for Elmer's restaurants, inc.

$2,000,000

Elmer's restaurants, inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/16/2021 by The Washington Federal Bank reported 412 jobs and $2,000,000 was used to fund payroll.

Elmer's restaurants, inc. is Existing or more than 2 years old

ELMER'S RESTAURANTS, INC.

Date Approved

03/16/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

ELMER'S RESTAURANTS, INC.

Borrower Address

8338 NE Alderwood Rd

Borrower City

Portland

Borrower State

OR

Borrower Zip

97220-6809

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Elmer's Breakfast/Lunch/Dinner

Servicing Lender Location Id

78418

Servicing Lender Name

Washington Federal Bank

Servicing Lender Address

425 Pike St

Servicing Lender City

SEATTLE

Servicing Lender State

WA

Servicing Lender Zip

98101-3902

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97220-6809

CD

OR-03

Jobs Reported

412

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

Corporation

Originating Lender Location Id

78418

Originating Lender

Washington Federal Bank

Originating Lender City

SEATTLE

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2015055.56

Forgiveness Date

12/14/2021

;