PPP Loan information for Js&j restaurants, inc.

$531,500

Js&j restaurants, inc. was initially approved for PPP Loan of amount $531,500, the current approved amount is $531,500. The loan was approved on 04/09/2020 by The TowneBank reported 206 jobs and $531,500 was used to fund payroll.

Js&j restaurants, inc. is Existing or more than 2 years old

JS&J RESTAURANTS, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

JS&J RESTAURANTS, INC.

Borrower Address

PO Box 4061

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23701-9161

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

531500.00

Current Approval Amount

531500.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23701-9161

CD

VA-03

Jobs Reported

206

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

531500.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

534984.28

Forgiveness Date

12/09/2020

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