PPP Loan information for Apb restaurants inc

$1,330,552

Apb restaurants inc was initially approved for PPP Loan of amount $1,330,552, the current approved amount is $1,330,552. The loan was approved on 04/28/2020 by The Farmers & Merchants Bank reported 321 jobs and $1,330,552 was used to fund payroll.

Apb restaurants inc is Existing or more than 2 years old

APB RESTAURANTS INC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

APB RESTAURANTS INC

Borrower Address

530 NEFF AVE

Borrower City

HARRISONBURG

Borrower State

VA

Borrower Zip

22801-3491

Loan Status Date

01/25/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1330552.00

Current Approval Amount

1330552.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HARRISONBURG

Project County Name

HARRISONBURG CITY

Project State

VA

Project Zip

22801-3491

CD

VA-06

Jobs Reported

321

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1330552.00

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

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1341824.73

Forgiveness Date

03/08/2021

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