PPP Loan information for Restaurant operations, inc.

$143,200

Restaurant operations, inc. was initially approved for PPP Loan of amount $143,200, the current approved amount is $143,200. The loan was approved on 04/07/2020 by The Western State Bank reported 21 jobs and $143,200 was used to fund payroll.

Restaurant operations, inc. is Existing or more than 2 years old

PPP Loan Search / ND / DEVILS LAKE / Restaurant operations, inc.

RESTAURANT OPERATIONS, INC.

Date Approved

04/07/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

RESTAURANT OPERATIONS, INC.

Borrower Address

1119 Hwy 20 S

Borrower City

DEVILS LAKE

Borrower State

ND

Borrower Zip

58301-3542

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143200.00

Current Approval Amount

143200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52957

Servicing Lender Name

Western State Bank

Servicing Lender Address

110 4th St SE

Servicing Lender City

DEVILS LAKE

Servicing Lender State

ND

Servicing Lender Zip

58301-3634

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DEVILS LAKE

Project County Name

RAMSEY

Project State

ND

Project Zip

58301-3542

CD

ND-

Jobs Reported

21

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

143200.00

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

Subchapter S Corporation

Originating Lender Location Id

52957

Originating Lender

Western State Bank

Originating Lender City

DEVILS LAKE

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

144337.64

Forgiveness Date

01/26/2021

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