PPP Loan information for Berchins' a&w restaurant llc

$81,086

Berchins' a&w restaurant llc was initially approved for PPP Loan of amount $81,086, the current approved amount is $81,086. The loan was approved on 04/27/2020 by The Stearns Bank National Association reported 25 jobs and $81,086 was used to fund payroll.

Berchins' a&w restaurant llc is Existing or more than 2 years old

PPP Loan Search / MN / PINE CITY / Berchins' a&w restaurant llc

BERCHINS' A&W RESTAURANT LLC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BERCHINS' A&W RESTAURANT LLC

Borrower Address

820 MAIN ST S

Borrower City

PINE CITY

Borrower State

MN

Borrower Zip

55063

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81086.00

Current Approval Amount

81086.00

Undisbursed Amount

0.00

Franchise Name

A&W

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PINE CITY

Project County Name

PINE

Project State

MN

Project Zip

55063-0001

CD

MN-08

Jobs Reported

25

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5800.00

Payroll Proceed

65000.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9286.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81723.58

Forgiveness Date

02/16/2021

;