PPP Loan information for Bum's restaurant

$51,500

Bum's restaurant was initially approved for PPP Loan of amount $51,500, the current approved amount is $51,500. The loan was approved on 06/26/2020 by The Truist Bank reported 8 jobs and $51,500 was used to fund payroll.

Bum's restaurant is Existing or more than 2 years old

BUM'S RESTAURANT

Date Approved

06/26/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BUM'S RESTAURANT

Borrower Address

566 3RD ST

Borrower City

AYDEN

Borrower State

NC

Borrower Zip

28513

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51500.00

Current Approval Amount

51500.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AYDEN

Project County Name

PITT

Project State

NC

Project Zip

28513-0001

CD

NC-01

Jobs Reported

8

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51500.00

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

Sole Proprietorship

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

51984.96

Forgiveness Date

06/29/2021

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