PPP Loan information for The bun lounge, inc

$57,404

The bun lounge, inc was initially approved for PPP Loan of amount $57,404, the current approved amount is $57,404. The loan was approved on 04/11/2020 by The United Valley Bank reported 5 jobs and $57,404 was used to fund payroll.

The bun lounge, inc is Existing or more than 2 years old

THE BUN LOUNGE, INC

Date Approved

04/11/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

THE BUN LOUNGE, INC

Borrower Address

1708 Mill Road

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58203-1534

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57404.00

Current Approval Amount

57404.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52701

Servicing Lender Name

United Valley Bank

Servicing Lender Address

211 Division Ave S

Servicing Lender City

CAVALIER

Servicing Lender State

ND

Servicing Lender Zip

58220

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58203-1534

CD

ND-

Jobs Reported

5

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2467.00

Payroll Proceed

47837.00

Mortgage Interest Proceed

2100.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52701

Originating Lender

United Valley Bank

Originating Lender City

CAVALIER

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57745.28

Forgiveness Date

11/23/2020

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