PPP Loan information for Watertown family pancakes inc.

$273,525

Watertown family pancakes inc. was initially approved for PPP Loan of amount $273,525, the current approved amount is $273,525. The loan was approved on 01/30/2021 by The Dacotah Bank reported 50 jobs and $273,525 was used to fund payroll.

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

WATERTOWN FAMILY PANCAKES INC.

Date Approved

01/30/2021

SBA Office Code

0876

Processing Method

PPS

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

03/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

273525.00

Current Approval Amount

273525.00

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

1.00

Payroll Proceed

273523.00

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

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

275918.34

Forgiveness Date

12/14/2021

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