PPP Loan information for Downtown tavern llc

$190,500

Downtown tavern llc was initially approved for PPP Loan of amount $190,500, the current approved amount is $190,500. The loan was approved on 04/14/2020 by The Alerus Financial, National Association reported 35 jobs and $190,500 was used to fund payroll.

Downtown tavern llc is Existing or more than 2 years old

DOWNTOWN TAVERN LLC

Date Approved

04/14/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

DOWNTOWN TAVERN LLC

Borrower Address

210 BROADWAY SUITE 90

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-4774

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

190500.00

Current Approval Amount

190500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

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

58102-4774

CD

ND-

Jobs Reported

35

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23800.00

Payroll Proceed

142900.00

Mortgage Interest Proceed

0.00

Rent Proceed

23800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

192124.54

Forgiveness Date

02/18/2021

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