PPP Loan information for Classic foods ltd.

$272,100

Classic foods ltd. was initially approved for PPP Loan of amount $272,100, the current approved amount is $272,100. The loan was approved on 04/14/2020 by The BNC National Bank reported 59 jobs and $272,100 was used to fund payroll.

Classic foods ltd. is Existing or more than 2 years old

CLASSIC FOODS LTD.

Date Approved

04/14/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

CLASSIC FOODS LTD.

Borrower Address

405 S 7th St

Borrower City

BISMARCK

Borrower State

ND

Borrower Zip

58504-5801

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

272100.00

Current Approval Amount

272100.00

Undisbursed Amount

0.00

Franchise Name

Denny's

Servicing Lender Location Id

224982

Servicing Lender Name

BNC National Bank

Servicing Lender Address

20175 N 67th Ave

Servicing Lender City

GLENDALE

Servicing Lender State

AZ

Servicing Lender Zip

85308-7000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BISMARCK

Project County Name

BURLEIGH

Project State

ND

Project Zip

58504-5801

CD

ND-

Jobs Reported

59

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11121.00

Payroll Proceed

258479.00

Mortgage Interest Proceed

2500.00

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

224982

Originating Lender

BNC National Bank

Originating Lender City

GLENDALE

Originating Lender State

AZ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

274322.15

Forgiveness Date

02/18/2021

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