PPP Loan information for Watertown family pancakes, inc.

$140,200

Watertown family pancakes, inc. was initially approved for PPP Loan of amount $140,200, the current approved amount is $140,200. The loan was approved on 04/30/2020 by The Dacotah Bank reported 50 jobs and $140,200 was used to fund payroll.

Watertown family pancakes, inc. is Existing or more than 2 years old

WATERTOWN FAMILY PANCAKES, INC.

Date Approved

04/30/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

WATERTOWN FAMILY PANCAKES, INC.

Borrower Address

600 9th Ave SE

Borrower City

WATERTOWN

Borrower State

SD

Borrower Zip

57201-5221

Loan Status Date

04/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140200.00

Current Approval Amount

140200.00

Undisbursed Amount

0.00

Franchise Name

Perkins Restaurant & Bakery

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

CODINGTON

Project State

SD

Project Zip

57201-5221

CD

SD-

Jobs Reported

50

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9000.00

Payroll Proceed

111200.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

141333.28

Forgiveness Date

02/24/2021

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