PPP Loan information for Red wing burgers

$143,500

Red wing burgers was initially approved for PPP Loan of amount $180,100, the current approved amount is $143,500. The loan was approved on 04/04/2020 by The Citizens Community Federal National Association reported 28 jobs and $143,500 was used to fund payroll.

Red wing burgers is Existing or more than 2 years old

RED WING BURGERS

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RED WING BURGERS

Borrower Address

179 Tyler Road S

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-1736

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180100.00

Current Approval Amount

143500.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

108056

Servicing Lender Name

Citizens Community Federal National Association

Servicing Lender Address

219 Fairfax St

Servicing Lender City

ALTOONA

Servicing Lender State

WI

Servicing Lender Zip

54720-1181

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-1736

CD

MN-01

Jobs Reported

28

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6941.00

Payroll Proceed

118675.00

Mortgage Interest Proceed

14584.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3300.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

108056

Originating Lender

Citizens Community Federal National Association

Originating Lender City

ALTOONA

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

144727.72

Forgiveness Date

02/17/2021

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