Farnam Restaurants I LLC

$1,177,100 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
7057537101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,177,100
Current Approval
$1,177,100
Forgiveness Amount
$1,186,484
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Farnam Restaurants I LLC
Address
2751 Hennepin Ave S #241
ZIP Code
55408-1002
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
175
Estimated Revenue
$31.1M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$882,900
Rent
$147,100
Utilities
$147,100

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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