PPP Loan information for Herman restaurant group

$64,436

Herman restaurant group was initially approved for PPP Loan of amount $64,436, the current approved amount is $64,436. The loan was approved on 02/05/2021 by The Cumberland Federal Bank, F.S.B. reported 32 jobs and $64,436 was used to fund payroll.

Herman restaurant group is Existing or more than 2 years old

HERMAN RESTAURANT GROUP

Date Approved

02/05/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

HERMAN RESTAURANT GROUP

Borrower Address

2982 US Highway 63

Borrower City

Barronett

Borrower State

WI

Borrower Zip

54813-9464

Loan Status Date

09/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64435.98

Current Approval Amount

64435.98

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81560

Servicing Lender Name

Cumberland Federal Bank, F.S.B.

Servicing Lender Address

1390 Second Ave

Servicing Lender City

CUMBERLAND

Servicing Lender State

WI

Servicing Lender Zip

54829

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Barronett

Project County Name

BARRON

Project State

WI

Project Zip

54813-9464

CD

WI-07

Jobs Reported

32

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

64433.98

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

81560

Originating Lender

Cumberland Federal Bank, F.S.B.

Originating Lender City

CUMBERLAND

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64776.06

Forgiveness Date

08/25/2021

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