Forest Lake Restaurant INC

$200,100 PPP Loan in Grand Rapids, Minnesota

Loan Details

Loan Number
4081647803
Date Approved
May 27, 2020
Loan Status
Paid in Full
Initial Approval
$200,100
Current Approval
$200,100
Forgiveness Amount
$201,629
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Forest Lake Restaurant INC
Address
1201 NW 4th St
ZIP Code
55744-2207
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$9.8M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$160,080
Utilities
$20,000
Mortgage Interest
$20,020

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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