PPP Loan information for T & l restaurants inc

$143,500

T & l restaurants inc was initially approved for PPP Loan of amount $143,500, the current approved amount is $143,500. The loan was approved on 04/05/2020 by The CorTrust Bank National Association reported 38 jobs and $143,500 was used to fund payroll.

T & l restaurants inc is Existing or more than 2 years old

T & L RESTAURANTS INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

T & L RESTAURANTS INC

Borrower Address

9020 Quaday Ave NE

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-6653

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143500.00

Current Approval Amount

143500.00

Undisbursed Amount

0.00

Franchise Name

Denny's

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

WRIGHT

Project State

MN

Project Zip

55330-6653

CD

MN-06

Jobs Reported

38

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

143500.00

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

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

144655.86

Forgiveness Date

02/02/2021

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