PPP Loan information for Glc restaurants, inc

$4,297,500

Glc restaurants, inc was initially approved for PPP Loan of amount $4,297,500, the current approved amount is $4,297,500. The loan was approved on 04/05/2020 by The City National Bank reported 37 jobs and $4,297,500 was used to fund payroll.

Glc restaurants, inc is New Business or 2 years or less

GLC RESTAURANTS, INC

Date Approved

04/05/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

GLC RESTAURANTS, INC

Borrower Address

3111 N CADEN CT #170

Borrower City

FLAGSTAFF

Borrower State

AZ

Borrower Zip

86004-9424

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4297500.00

Current Approval Amount

4297500.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

FLAGSTAFF

Project County Name

COCONINO

Project State

AZ

Project Zip

86004-9424

CD

AZ-02

Jobs Reported

37

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

4297500.00

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

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4346950.68

Forgiveness Date

06/11/2021

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