PPP Loan information for Red's grill & bar

$53,575

Red's grill & bar was initially approved for PPP Loan of amount $53,575, the current approved amount is $53,575. The loan was approved on 05/01/2020 by The Sterling Bank reported 14 jobs and $53,575 was used to fund payroll.

Red's grill & bar is Change of Ownership

RED'S GRILL & BAR

Date Approved

05/01/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RED'S GRILL & BAR

Borrower Address

121 LAKEVIEW DR

Borrower City

CHETEK

Borrower State

WI

Borrower Zip

54728-9336

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53575.00

Current Approval Amount

53575.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75627

Servicing Lender Name

Sterling Bank

Servicing Lender Address

234 E LaSalle Ave

Servicing Lender City

BARRON

Servicing Lender State

WI

Servicing Lender Zip

54812-1425

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

CHETEK

Project County Name

BARRON

Project State

WI

Project Zip

54728-9336

CD

WI-07

Jobs Reported

14

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53575.00

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

Subchapter S Corporation

Originating Lender Location Id

75627

Originating Lender

Sterling Bank

Originating Lender City

BARRON

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53932.17

Forgiveness Date

01/07/2021

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