PPP Loan information for A&w family restaurant of faribault, inc.

$82,400

A&w family restaurant of faribault, inc. was initially approved for PPP Loan of amount $82,400, the current approved amount is $82,400. The loan was approved on 04/07/2020 by The Reliance Bank reported 17 jobs and $82,400 was used to fund payroll.

A&w family restaurant of faribault, inc. is New Business or 2 years or less

A&W FAMILY RESTAURANT OF FARIBAULT, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

A&W FAMILY RESTAURANT OF FARIBAULT, INC.

Borrower Address

404 WILSON AVE

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-4617

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82400.00

Current Approval Amount

82400.00

Undisbursed Amount

0.00

Franchise Name

A&W

Servicing Lender Location Id

449710

Servicing Lender Name

Reliance Bank

Servicing Lender Address

2300 NW 30th St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-1938

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-4617

CD

MN-01

Jobs Reported

17

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

82400.00

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

Corporation

Originating Lender Location Id

449710

Originating Lender

Reliance Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83221.74

Forgiveness Date

04/15/2021

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