PPP Loan information for Foundation restaurant group llc

$52,953

Foundation restaurant group llc was initially approved for PPP Loan of amount $52,953, the current approved amount is $52,953. The loan was approved on 02/26/2021 by The First United Bank & Trust reported 6 jobs and $52,953 was used to fund payroll.

Foundation restaurant group llc is Existing or more than 2 years old

PPP Loan Search / MD / Lonaconing / Foundation restaurant group llc

FOUNDATION RESTAURANT GROUP LLC

Date Approved

02/26/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

FOUNDATION RESTAURANT GROUP LLC

Borrower Address

57 Jackson St

Borrower City

Lonaconing

Borrower State

MD

Borrower Zip

21539-1307

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52952.86

Current Approval Amount

52952.86

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lonaconing

Project County Name

ALLEGANY

Project State

MD

Project Zip

21539-1307

CD

MD-06

Jobs Reported

6

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52948.86

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

Limited Liability Company(LLC)

Originating Lender Location Id

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53229.39

Forgiveness Date

09/09/2021

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