PPP Loan information for Arbor lakes restaurant group, inc

$672,600

Arbor lakes restaurant group, inc was initially approved for PPP Loan of amount $672,600, the current approved amount is $672,600. The loan was approved on 04/03/2020 by The First Bank Elk River reported 104 jobs and $672,600 was used to fund payroll.

Arbor lakes restaurant group, inc is Existing or more than 2 years old

PPP Loan Search / MN / MAPLE GROVE / Arbor lakes restaurant group, inc

ARBOR LAKES RESTAURANT GROUP, INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ARBOR LAKES RESTAURANT GROUP, INC

Borrower Address

12635 ELM CREEK BLVD

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55369-7046

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

672600.00

Current Approval Amount

672600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-7046

CD

MN-03

Jobs Reported

104

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

586600.00

Mortgage Interest Proceed

0.00

Rent Proceed

66000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

677850.02

Forgiveness Date

01/20/2021

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