PPP Loan information for Festival food supermarket #2 inc.

$377,300

Festival food supermarket #2 inc. was initially approved for PPP Loan of amount $498,000, the current approved amount is $377,300. The loan was approved on 04/30/2020 by The Newtek Small Business Finance, Inc. reported 60 jobs and $377,300 was used to fund payroll.

Festival food supermarket #2 inc. is New Business or 2 years or less

FESTIVAL FOOD SUPERMARKET #2 INC.

Date Approved

04/30/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

FESTIVAL FOOD SUPERMARKET #2 INC.

Borrower Address

7346 W Commercial Blvd

Borrower City

Lauderhill

Borrower State

FL

Borrower Zip

33319-2128

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

498000.00

Current Approval Amount

377300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Lauderhill

Project County Name

BROWARD

Project State

FL

Project Zip

33319-2128

CD

FL-20

Jobs Reported

60

NAICS Code

445110

Race

Asian

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

377300.00

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

Subchapter S Corporation

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

381397.90

Forgiveness Date

06/11/2021

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