PPP Loan information for 2401 restaurant corporation

$359,000

2401 restaurant corporation was initially approved for PPP Loan of amount $359,000, the current approved amount is $359,000. The loan was approved on 04/06/2020 by The United Bank reported 37 jobs and $359,000 was used to fund payroll.

2401 restaurant corporation is Existing or more than 2 years old

PPP Loan Search / MD / KENSINGTON / 2401 restaurant corporation

2401 RESTAURANT CORPORATION

Date Approved

04/06/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

2401 RESTAURANT CORPORATION

Borrower Address

10400 CONNECTICUT AVE

Borrower City

KENSINGTON

Borrower State

MD

Borrower Zip

20895-3909

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

359000.00

Current Approval Amount

359000.00

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

20895-3909

CD

MD-08

Jobs Reported

37

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

359000.00

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

278198.36

Forgiveness Date

08/05/2021

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