PPP Loan information for Carolina restaurant group, inc

$10,000,000

Carolina restaurant group, 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 04/15/2020 by The The Huntington National Bank reported 500 jobs and $10,000,000 was used to fund payroll.

Carolina restaurant group, inc is Existing or more than 2 years old

CAROLINA RESTAURANT GROUP, INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAROLINA RESTAURANT GROUP, INC

Borrower Address

8040 Arrowridge Blvd

Borrower City

CHARLOTTE

Borrower State

NC

Borrower Zip

28273

Loan Status Date

08/17/2021

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

Wendy's

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28273-0001

CD

NC-14

Jobs Reported

500

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10109589.04

Forgiveness Date

06/11/2021

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