PPP Loan information for Classic restaurant corporation

$293,200

Classic restaurant corporation was initially approved for PPP Loan of amount $293,200, the current approved amount is $293,200. The loan was approved on 04/14/2020 by The BNC National Bank reported 54 jobs and $293,200 was used to fund payroll.

Classic restaurant corporation is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / Classic restaurant corporation

CLASSIC RESTAURANT CORPORATION

Date Approved

04/14/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

CLASSIC RESTAURANT CORPORATION

Borrower Address

4437 13th Ave SW

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58103-3311

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

293200.00

Current Approval Amount

293200.00

Undisbursed Amount

0.00

Franchise Name

Denny's

Servicing Lender Location Id

224982

Servicing Lender Name

BNC National Bank

Servicing Lender Address

20175 N 67th Ave

Servicing Lender City

GLENDALE

Servicing Lender State

AZ

Servicing Lender Zip

85308-7000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58103-3311

CD

ND-

Jobs Reported

54

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11034.00

Payroll Proceed

278655.00

Mortgage Interest Proceed

3511.00

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

224982

Originating Lender

BNC National Bank

Originating Lender City

GLENDALE

Originating Lender State

AZ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

295553.74

Forgiveness Date

02/16/2021

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