DOWNTOWN TAVERN LLC (ND) - 2020 PPP Loan Borrower Profile (# 6218007103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DOWNTOWN TAVERN LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Dakota.

Loan Detail

Loan Number

6218007103

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$190,500

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$192,124.54

Date Loan was Forgiven

Feb 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

23,800

Payroll Proced

142,900

Rent Proceed

23,800

Lender

Alerus Financial, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

FARGO, ND

Project Location

FARGO, ND

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.