PPP Loan information for Preferred restaurant group, inc.

$823,100

Preferred restaurant group, inc. was initially approved for PPP Loan of amount $823,100, the current approved amount is $823,100. The loan was approved on 04/03/2020 by The First Western Bank & Trust reported 190 jobs and $823,100 was used to fund payroll.

Preferred restaurant group, inc. is Existing or more than 2 years old

PREFERRED RESTAURANT GROUP, INC.

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

PREFERRED RESTAURANT GROUP, INC.

Borrower Address

2408 Burdick Expressway E

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58701-5006

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

823100.00

Current Approval Amount

823100.00

Undisbursed Amount

0.00

Franchise Name

Taco John's

Servicing Lender Location Id

52905

Servicing Lender Name

First Western Bank & Trust

Servicing Lender Address

900 S Broadway

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58701-4658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58701-5006

CD

ND-

Jobs Reported

190

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

823100.00

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

52905

Originating Lender

First Western Bank & Trust

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

828564.47

Forgiveness Date

12/09/2020

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