PPP Loan information for Time out restaurant inc.

$48,724

Time out restaurant inc. was initially approved for PPP Loan of amount $48,724, the current approved amount is $48,724. The loan was approved on 01/25/2021 by The Northern State Bank reported 13 jobs and $48,724 was used to fund payroll.

Time out restaurant inc. is Existing or more than 2 years old

PPP Loan Search / WI / Washburn / Time out restaurant inc.

TIME OUT RESTAURANT INC.

Date Approved

01/25/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

TIME OUT RESTAURANT INC.

Borrower Address

4 W Bayfield St

Borrower City

Washburn

Borrower State

WI

Borrower Zip

54891-1130

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48723.50

Current Approval Amount

48723.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75589

Servicing Lender Name

Northern State Bank

Servicing Lender Address

321 W Main St

Servicing Lender City

ASHLAND

Servicing Lender State

WI

Servicing Lender Zip

54806-1611

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Washburn

Project County Name

BAYFIELD

Project State

WI

Project Zip

54891-1130

CD

WI-07

Jobs Reported

13

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

48719.50

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

Corporation

Originating Lender Location Id

75589

Originating Lender

Northern State Bank

Originating Lender City

ASHLAND

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49159.30

Forgiveness Date

12/20/2021

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