Culvers of Bemidji

$142,461 PPP Loan in Bemidji, Minnesota

Loan Details

Loan Number
1698287101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$142,461
Current Approval
$142,461
Forgiveness Amount
$143,526
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Culvers of Bemidji
Address
2200 Paul Bunyan Dr NW
ZIP Code
56601-5853
Business Type
Partnership
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Culver's Butterburgers & Frozen Custard
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$91,691
Rent
$29,892
Utilities
$6,336
Mortgage Interest
$14,542

Lender Information

Servicing Lender
Riverwood Bank
Originating Lender
Riverwood Bank

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