PPP Loan information for Zorbaz pizza and mexican restaurants, llc

$2,314,450

Zorbaz pizza and mexican restaurants, llc was initially approved for PPP Loan of amount $2,320,700, the current approved amount is $2,314,450. The loan was approved on 04/10/2020 by The Midwest Bank reported 388 jobs and $2,314,450 was used to fund payroll.

Zorbaz pizza and mexican restaurants, llc is Existing or more than 2 years old

PPP Loan Search / MN / DETROIT LAKES / Zorbaz pizza and mexican restaurants, llc

ZORBAZ PIZZA AND MEXICAN RESTAURANTS, LLC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ZORBAZ PIZZA AND MEXICAN RESTAURANTS, LLC

Borrower Address

1462 EAST SHORE DR

Borrower City

DETROIT LAKES

Borrower State

MN

Borrower Zip

56501-4723

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2320700.00

Current Approval Amount

2314450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DETROIT LAKES

Project County Name

BECKER

Project State

MN

Project Zip

56501-4723

CD

MN-07

Jobs Reported

388

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2314450.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2340701.57

Forgiveness Date

06/09/2021

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