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Roadside Restaurants Incorporated

Company Details

Name: Roadside Restaurants Incorporated
Jurisdiction: Minnesota
Legal type: Business Corporation (Domestic)
Status: Active / In Good Standing
Date formed: 17 Jan 1992 (33 years ago)
Company Number: b2851772-9ad4-e011-a886-001ec94ffe7f
File Number: 7H-299
Registered Office Address: 306 2nd Str NE, Aitkin, MN 56431, USA
Principal Executive Office Address: 306 2ND ST NE, AITKIN, MN 56431–1526, USA
ZIP code: 56431
County: Aitkin County
Place of Formation: Minnesota

Chief Executive Officer

Name Role Address
Peter Welshons Chief Executive Officer 306 2ND ST NE, AITKIN, MN 56431–1526, USA

Filing

Filing Name Filing date
Original Filing - Business Corporation (Domestic) (Business Name: Roadside Restaurants Incorporated) 1992-01-17

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7156337008 2020-04-07 0508 PPP 306 2ND ST, AITKIN, MN, 56431-1526
Loan Status Date 2021-03-13
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 83900
Loan Approval Amount (current) 83900
Undisbursed Amount 0
Franchise Name -
Lender Location ID 36579
Servicing Lender Name Security State Bank of Aitkin
Servicing Lender Address 402 Minnesota Ave North, AITKIN, MN, 56431-1416
Rural or Urban Indicator R
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address AITKIN, AITKIN, MN, 56431-1526
Project Congressional District MN-08
Number of Employees 22
NAICS code 722511
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 36579
Originating Lender Name Security State Bank of Aitkin
Originating Lender Address AITKIN, MN
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 84409.64
Forgiveness Paid Date 2021-02-16
1171498301 2021-01-16 0508 PPS 306 2nd St NE, Aitkin, MN, 56431-1526
Loan Status Date 2021-08-12
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 124007.28
Loan Approval Amount (current) 124007.28
Undisbursed Amount 0
Franchise Name -
Lender Location ID 36579
Servicing Lender Name Security State Bank of Aitkin
Servicing Lender Address 402 Minnesota Ave North, AITKIN, MN, 56431-1416
Rural or Urban Indicator R
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Aitkin, AITKIN, MN, 56431-1526
Project Congressional District MN-08
Number of Employees 15
NAICS code 722511
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 36579
Originating Lender Name Security State Bank of Aitkin
Originating Lender Address AITKIN, MN
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 124561.87
Forgiveness Paid Date 2021-07-08

Date of last update: 09 Feb 2025

Sources: Minnesota's Official State Website