PPP Loan information for Restaurant operations inc.

$181,200

Restaurant operations inc. was initially approved for PPP Loan of amount $129,400, the current approved amount is $181,200. The loan was approved on 01/20/2021 by The Western State Bank reported 35 jobs and $181,200 was used to fund payroll.

Restaurant operations inc. is Existing or more than 2 years old

PPP Loan Search / ND / Devils Lake / Restaurant operations inc.

RESTAURANT OPERATIONS INC.

Date Approved

01/20/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

RESTAURANT OPERATIONS INC.

Borrower Address

1119 Highway 20 S

Borrower City

Devils Lake

Borrower State

ND

Borrower Zip

58301-3542

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

129400.00

Current Approval Amount

181200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52957

Servicing Lender Name

Western State Bank

Servicing Lender Address

110 4th St SE

Servicing Lender City

DEVILS LAKE

Servicing Lender State

ND

Servicing Lender Zip

58301-3634

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Devils Lake

Project County Name

RAMSEY

Project State

ND

Project Zip

58301-3542

CD

ND-

Jobs Reported

35

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

181200.00

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

52957

Originating Lender

Western State Bank

Originating Lender City

DEVILS LAKE

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

182448.27

Forgiveness Date

10/04/2021

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