PPP Loan information for 1776 restaurant llc

$157,027

1776 restaurant llc was initially approved for PPP Loan of amount $157,027, the current approved amount is $157,027. The loan was approved on 01/16/2021 by The County Bank reported 25 jobs and $157,027 was used to fund payroll.

1776 restaurant llc is Existing or more than 2 years old

1776 RESTAURANT LLC

Date Approved

01/16/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

1776 RESTAURANT LLC

Borrower Address

18585 Coastal Hwy Unit 6

Borrower City

Rehoboth Beach

Borrower State

DE

Borrower Zip

19971-6147

Loan Status Date

02/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

157026.59

Current Approval Amount

157026.59

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116651

Servicing Lender Name

County Bank

Servicing Lender Address

19927 Shuttle Rd

Servicing Lender City

REHOBOTH BEACH

Servicing Lender State

DE

Servicing Lender Zip

19971-4214

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rehoboth Beach

Project County Name

SUSSEX

Project State

DE

Project Zip

19971-6147

CD

DE-

Jobs Reported

25

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

157022.59

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

116651

Originating Lender

County Bank

Originating Lender City

REHOBOTH BEACH

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

158433.38

Forgiveness Date

12/14/2021

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