PPP Loan information for Redstone american grill inc.

$2,000,000

Redstone american grill inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/12/2021 by The Drake Bank reported 335 jobs and $2,000,000 was used to fund payroll.

Redstone american grill inc. is Existing or more than 2 years old

REDSTONE AMERICAN GRILL INC.

Date Approved

03/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

REDSTONE AMERICAN GRILL INC.

Borrower Address

7636 Executive Dr

Borrower City

Eden Prairie

Borrower State

MN

Borrower Zip

55344-3677

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262368

Servicing Lender Name

Drake Bank

Servicing Lender Address

60 E Plato Blvd, Ste 100

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-1828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eden Prairie

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-3677

CD

MN-03

Jobs Reported

335

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

262368

Originating Lender

Drake Bank

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2013222.22

Forgiveness Date

11/09/2021

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