PPP Loan information for Armstrong's restaurant, inc.

$68,500

Armstrong's restaurant, inc. was initially approved for PPP Loan of amount $68,500, the current approved amount is $68,500. The loan was approved on 04/04/2020 by The The First Bank and Trust Company reported 19 jobs and $68,500 was used to fund payroll.

Armstrong's restaurant, inc. is Existing or more than 2 years old

ARMSTRONG'S RESTAURANT, INC.

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ARMSTRONG'S RESTAURANT, INC.

Borrower Address

358 LEE HWY

Borrower City

VERONA

Borrower State

VA

Borrower Zip

24482-2548

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68500.00

Current Approval Amount

68500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VERONA

Project County Name

AUGUSTA

Project State

VA

Project Zip

24482-2548

CD

VA-06

Jobs Reported

19

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68500.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69028.97

Forgiveness Date

01/25/2021

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