PPP Loan information for Erc development, llc

$1,696,200

Erc development, llc was initially approved for PPP Loan of amount $1,696,200, the current approved amount is $1,696,200. The loan was approved on 04/03/2020 by The The First National Bank of Hutchinson reported 496 jobs and $1,696,200 was used to fund payroll.

Erc development, llc is Existing or more than 2 years old

ERC DEVELOPMENT, LLC

Date Approved

04/03/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

ERC DEVELOPMENT, LLC

Borrower Address

SOUTHPARK DR

Borrower City

LITTLETON

Borrower State

CO

Borrower Zip

80120-4502

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1696200.00

Current Approval Amount

1696200.00

Undisbursed Amount

0.00

Franchise Name

Freddy's Frozen Custard & Steakburgers

Servicing Lender Location Id

26005

Servicing Lender Name

The First National Bank of Hutchinson

Servicing Lender Address

1 N Main St

Servicing Lender City

HUTCHINSON

Servicing Lender State

KS

Servicing Lender Zip

67501-5229

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITTLETON

Project County Name

ARAPAHOE

Project State

CO

Project Zip

80120-4502

CD

CO-06

Jobs Reported

496

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

169600.00

Payroll Proceed

1357000.00

Mortgage Interest Proceed

169600.00

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

26005

Originating Lender

The First National Bank of Hutchinson

Originating Lender City

HUTCHINSON

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1713633.17

Forgiveness Date

04/14/2021

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