PPP Loan information for Cress family restaurants llc.

$35,500

Cress family restaurants llc. was initially approved for PPP Loan of amount $26,200, the current approved amount is $35,500. The loan was approved on 04/07/2020 by The Commercial Bank reported 13 jobs and $35,500 was used to fund payroll.

Cress family restaurants llc. is New Business or 2 years or less

PPP Loan Search / TN / SEYMOUR / Cress family restaurants llc.

CRESS FAMILY RESTAURANTS LLC.

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CRESS FAMILY RESTAURANTS LLC.

Borrower Address

10721 Chapman Hwy ste #21

Borrower City

SEYMOUR

Borrower State

TN

Borrower Zip

37865-4765

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26200.00

Current Approval Amount

35500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67045

Servicing Lender Name

Commercial Bank

Servicing Lender Address

6710 Cumberland Gap Pkwy

Servicing Lender City

HARROGATE

Servicing Lender State

TN

Servicing Lender Zip

37752-8013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SEYMOUR

Project County Name

SEVIER

Project State

TN

Project Zip

37865-4765

CD

TN-01

Jobs Reported

13

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28950.00

Mortgage Interest Proceed

6550.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67045

Originating Lender

Commercial Bank

Originating Lender City

HARROGATE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35899.38

Forgiveness Date

05/27/2021

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