PPP Loan information for 2401 restaurant corporation

$502,676

2401 restaurant corporation was initially approved for PPP Loan of amount $502,676, the current approved amount is $502,676. The loan was approved on 02/06/2021 by The United Bank reported 37 jobs and $502,676 was used to fund payroll.

2401 restaurant corporation is Existing or more than 2 years old

2401 RESTAURANT CORPORATION

Date Approved

02/06/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

2401 RESTAURANT CORPORATION

Borrower Address

10400 Connecticut Ave Ste 208

Borrower City

Kensington

Borrower State

MD

Borrower Zip

20895-3941

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

502676.00

Current Approval Amount

502676.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kensington

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20895-3941

CD

MD-08

Jobs Reported

37

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

502672.00

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

Subchapter S Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

509294.57

Forgiveness Date

06/07/2022

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