PPP Loan information for Cardinal restaurant corp

$202,591

Cardinal restaurant corp was initially approved for PPP Loan of amount $202,591, the current approved amount is $202,591. The loan was approved on 02/04/2021 by The BankNewport reported 22 jobs and $202,591 was used to fund payroll.

Cardinal restaurant corp is Existing or more than 2 years old

PPP Loan Search / RI / Middletown / Cardinal restaurant corp

CARDINAL RESTAURANT CORP

Date Approved

02/04/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

CARDINAL RESTAURANT CORP

Borrower Address

159 W Main Rd

Borrower City

Middletown

Borrower State

RI

Borrower Zip

02842-4936

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

202590.50

Current Approval Amount

202590.50

Undisbursed Amount

0.00

Franchise Name

IHOP

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

NEWPORT

Project State

RI

Project Zip

02842-4936

CD

RI-01

Jobs Reported

22

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

202588.50

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

205138.14

Forgiveness Date

05/16/2022

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