Tobies Restaurant, Inc.

$762,500 PPP Loan in Hinckley, Minnesota

Loan Details

Loan Number
6448807004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$762,500
Current Approval
$713,769
Forgiveness Amount
$721,572
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tobies Restaurant, Inc.
Address
404 Fire Monument Rd Po Box 397
ZIP Code
55037
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
73
Estimated Revenue
$13.0M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$571,875
Rent
$76,250
Utilities
$65,644

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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