PPP Loan information for Atlantic coast dining inc

$2,000,000

Atlantic coast dining inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 05/05/2021 by The Truist Bank reported 500 jobs and $2,000,000 was used to fund payroll.

Atlantic coast dining inc is Existing or more than 2 years old

PPP Loan Search / VA / Glen Allen / Atlantic coast dining inc

ATLANTIC COAST DINING INC

Date Approved

05/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ATLANTIC COAST DINING INC

Borrower Address

4701 Cox Rd Ste 100

Borrower City

Glen Allen

Borrower State

VA

Borrower Zip

23060-6801

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glen Allen

Project County Name

HENRICO

Project State

VA

Project Zip

23060-6801

CD

VA-01

Jobs Reported

500

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2013666.67

Forgiveness Date

01/10/2022

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