PPP Loan information for Igh restaurant llc

$70,825

Igh restaurant llc was initially approved for PPP Loan of amount $70,825, the current approved amount is $70,825. The loan was approved on 04/05/2020 by The Vermillion State Bank reported 20 jobs and $70,825 was used to fund payroll.

Igh restaurant llc is Existing or more than 2 years old

IGH RESTAURANT LLC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

IGH RESTAURANT LLC

Borrower Address

6655 Cahill Road

Borrower City

INVER GROVE HEIGHTS

Borrower State

MN

Borrower Zip

55076-2026

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70825.00

Current Approval Amount

70825.00

Undisbursed Amount

0.00

Franchise Name

Dairy Queen/Limited Brazier Operating Agreement

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INVER GROVE HEIGHTS

Project County Name

DAKOTA

Project State

MN

Project Zip

55076-2026

CD

MN-02

Jobs Reported

20

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4600.00

Payroll Proceed

55842.00

Mortgage Interest Proceed

2383.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71403.40

Forgiveness Date

02/02/2021

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