PPP Loan information for Fardowners restaurant inc.

$171,800

Fardowners restaurant inc. was initially approved for PPP Loan of amount $171,800, the current approved amount is $171,800. The loan was approved on 04/27/2020 by The Blue Ridge Bank, National Association reported 37 jobs and $171,800 was used to fund payroll.

Fardowners restaurant inc. is Existing or more than 2 years old

FARDOWNERS RESTAURANT INC.

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FARDOWNERS RESTAURANT INC.

Borrower Address

5773 The Square

Borrower City

Crozet

Borrower State

VA

Borrower Zip

22932

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171800.00

Current Approval Amount

171800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crozet

Project County Name

ALBEMARLE

Project State

VA

Project Zip

22932-0001

CD

VA-05

Jobs Reported

37

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11600.00

Payroll Proceed

141000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4000.00

Debt Interest Proceed

5000

Business Type

Subchapter S Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

174023.86

Forgiveness Date

08/16/2021

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