PPP Loan information for North 40 restaurant

$85,000

North 40 restaurant was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 04/03/2020 by The Starion Bank reported 8 jobs and $85,000 was used to fund payroll.

North 40 restaurant is Existing or more than 2 years old

PPP Loan Search / ND / ROLLA / North 40 restaurant

NORTH 40 RESTAURANT

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NORTH 40 RESTAURANT

Borrower Address

207 EAST MAIN PO BOX 601

Borrower City

ROLLA

Borrower State

ND

Borrower Zip

58367-0601

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118060

Servicing Lender Name

Starion Bank

Servicing Lender Address

333 N 4th St

Servicing Lender City

BISMARCK

Servicing Lender State

ND

Servicing Lender Zip

58501-4020

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROLLA

Project County Name

ROLETTE

Project State

ND

Project Zip

58367-0601

CD

ND-

Jobs Reported

8

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

70000.00

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

Sole Proprietorship

Originating Lender Location Id

118060

Originating Lender

Starion Bank

Originating Lender City

BISMARCK

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75384.25

Forgiveness Date

10/15/2020

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