Erc Development, LLC

$1,696,200 PPP Loan in Littleton, Colorado

Loan Details

Loan Number
4482937002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,696,200
Current Approval
$1,696,200
Forgiveness Amount
$1,713,633
Forgiveness Date
Apr 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Erc Development, LLC
Address
Southpark Dr
ZIP Code
80120-4502
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Freddy's Frozen Custard & Steakburgers
Business Age
Existing or more than 2 years old
Jobs Reported
496
Estimated Revenue
$88.1M
Rural/Urban
Urban
Congressional District
CO-06

Loan Use Breakdown

Payroll
$1,357,000
Utilities
$169,600
Mortgage Interest
$169,600

Lender Information

Servicing Lender
The First National Bank of Hutchinson
Originating Lender
The First National Bank of Hutchinson

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