PPP Loan information for La cava restaurant inc.

$72,780

La cava restaurant inc. was initially approved for PPP Loan of amount $72,780, the current approved amount is $72,780. The loan was approved on 02/08/2021 by The Farmers & Merchants Bank reported 8 jobs and $72,780 was used to fund payroll.

La cava restaurant inc. is Existing or more than 2 years old

LA CAVA RESTAURANT INC.

Date Approved

02/08/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

LA CAVA RESTAURANT INC.

Borrower Address

329 S Church St La Cava Restaurant

Borrower City

Salisbury

Borrower State

NC

Borrower Zip

28144-4929

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72780.12

Current Approval Amount

72780.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

ROWAN

Project State

NC

Project Zip

28144-4929

CD

NC-08

Jobs Reported

8

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

72778.12

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

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73297.67

Forgiveness Date

10/29/2021

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