PPP Loan information for Armstrong's restaurant inc.

$97,312

Armstrong's restaurant inc. was initially approved for PPP Loan of amount $97,312, the current approved amount is $97,312. The loan was approved on 01/30/2021 by The The First Bank and Trust Company reported 20 jobs and $97,312 was used to fund payroll.

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

ARMSTRONG'S RESTAURANT INC.

Date Approved

01/30/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ARMSTRONG'S RESTAURANT INC.

Borrower Address

417 N Coalter St

Borrower City

Staunton

Borrower State

VA

Borrower Zip

24401-3464

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97312.22

Current Approval Amount

97312.22

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Staunton

Project County Name

STAUNTON CITY

Project State

VA

Project Zip

24401-3464

CD

VA-06

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

97310.22

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98155.59

Forgiveness Date

12/16/2021

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