PPP Loan information for Farnam resturants i llc

$1,653,000

Farnam resturants i llc was initially approved for PPP Loan of amount $1,653,000, the current approved amount is $1,653,000. The loan was approved on 02/02/2021 by The Alerus Financial, National Association reported 131 jobs and $1,653,000 was used to fund payroll.

Farnam resturants i llc is Existing or more than 2 years old

PPP Loan Search / MN / Minneapolis / Farnam resturants i llc

FARNAM RESTURANTS I LLC

Date Approved

02/02/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

FARNAM RESTURANTS I LLC

Borrower Address

2751 Hennepin Ave

Borrower City

Minneapolis

Borrower State

MN

Borrower Zip

55408-1002

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1653000.00

Current Approval Amount

1653000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Minneapolis

Project County Name

HENNEPIN

Project State

MN

Project Zip

55408-1002

CD

MN-05

Jobs Reported

131

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1652995.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1664938.33

Forgiveness Date

10/25/2021

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