PPP Loan information for Rapids grill llc

$284,250

Rapids grill llc was initially approved for PPP Loan of amount $284,250, the current approved amount is $284,250. The loan was approved on 01/28/2021 by The BankCherokee reported 51 jobs and $284,250 was used to fund payroll.

Rapids grill llc is Existing or more than 2 years old

RAPIDS GRILL LLC

Date Approved

01/28/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RAPIDS GRILL LLC

Borrower Address

3395 Coon Rapids Blvd NW

Borrower City

Coon Rapids

Borrower State

MN

Borrower Zip

55433-2738

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

284250.12

Current Approval Amount

284250.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38841

Servicing Lender Name

BankCherokee

Servicing Lender Address

607 S Smith Ave

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-2617

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Coon Rapids

Project County Name

ANOKA

Project State

MN

Project Zip

55433-2738

CD

MN-03

Jobs Reported

51

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

284247.12

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

38841

Originating Lender

BankCherokee

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

285624.00

Forgiveness Date

07/23/2021

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