PPP Loan information for Burgerbusters inc
$10,000,000
Burgerbusters inc was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/27/2020 by The PNC Bank, National Association reported 500 jobs and $10,000,000 was used to fund payroll.
Burgerbusters inc is Existing or more than 2 years old
BURGERBUSTERS INC
Date Approved
04/27/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
BURGERBUSTERS INC
Borrower Address
2242 W GREAT NECK RD
Borrower City
VIRGINIA BEACH
Borrower State
VA
Borrower Zip
23451
Loan Status Date
07/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
10000000.00
Current Approval Amount
10000000.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
44449
Servicing Lender Name
PNC Bank, National Association
Servicing Lender Address
222 Delaware Ave
Servicing Lender City
WILMINGTON
Servicing Lender State
DE
Servicing Lender Zip
19801-1621
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
VIRGINIA BEACH
Project County Name
VIRGINIA BEACH CITY
Project State
VA
Project Zip
23451-0001
CD
VA-02
Jobs Reported
500
NAICS Code
722513
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1000.00
Payroll Proceed
9998000.00
Mortgage Interest Proceed
0.00
Rent Proceed
1000.00
Refinance EIDL Proceed
0.00
Health Care Proceed
0.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
102000
Originating Lender
First Source FCU
Originating Lender City
NEW HARTFORD
Originating Lender State
NY
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
10113333.33
Forgiveness Date
06/11/2021