Classic Restaurant Corporation

$293,200 PPP Loan in Fargo, North Dakota

Loan Details

Loan Number
7793597106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$293,200
Current Approval
$293,200
Forgiveness Amount
$295,554
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Classic Restaurant Corporation
Address
4437 13th Ave SW
City
Fargo
ZIP Code
58103-3311
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Denny's
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$9.6M
Rural/Urban
Urban
Congressional District
ND-

Loan Use Breakdown

Payroll
$278,655
Utilities
$11,034
Mortgage Interest
$3,511

Lender Information

Servicing Lender
Bnc National Bank
Originating Lender
Bnc National Bank

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