PPP Loan information for Forts olde town tavern

$384,500

Forts olde town tavern was initially approved for PPP Loan of amount $384,500, the current approved amount is $384,500. The loan was approved on 05/08/2020 by The Fifth Third Bank reported 30 jobs and $384,500 was used to fund payroll.

Forts olde town tavern is New Business or 2 years or less

FORTS OLDE TOWN TAVERN

Date Approved

05/08/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

FORTS OLDE TOWN TAVERN

Borrower Address

122 WEST HERRICK AVENUE

Borrower City

WELLINGTON

Borrower State

OH

Borrower Zip

44090

Loan Status Date

05/19/2022

Loan Status

Charged Off

Term

0

SBA Guaranty Percentage

100

Initial Approval Amount

384500.00

Current Approval Amount

384500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WELLINGTON

Project County Name

LORAIN

Project State

OH

Project Zip

44090-0001

CD

OH-05

Jobs Reported

30

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

297000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104686.74

Forgiveness Date

11/18/2021

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