PPP Loan information for American restaurant & lounge

$150,000

American restaurant & lounge was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 02/03/2021 by The Primis Bank reported 29 jobs and $150,000 was used to fund payroll.

American restaurant & lounge is Existing or more than 2 years old

AMERICAN RESTAURANT & LOUNGE

Date Approved

02/03/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

AMERICAN RESTAURANT & LOUNGE

Borrower Address

1617 WASHINGTON PLAZA NORTH

Borrower City

CENTREVILLE

Borrower State

VA

Borrower Zip

20121

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434059

Servicing Lender Name

Primis Bank

Servicing Lender Address

307 Church Lane

Servicing Lender City

TAPPAHANNOCK

Servicing Lender State

VA

Servicing Lender Zip

22560

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CENTREVILLE

Project County Name

FAIRFAX

Project State

VA

Project Zip

20121

CD

VA-10

Jobs Reported

29

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

149995.00

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

Corporation

Originating Lender Location Id

434059

Originating Lender

Primis Bank

Originating Lender City

TAPPAHANNOCK

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151080.82

Forgiveness Date

11/01/2021

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