PPP Loan information for Lincoln inn family restaurant, inc.

$96,500

Lincoln inn family restaurant, inc. was initially approved for PPP Loan of amount $96,500, the current approved amount is $96,500. The loan was approved on 04/13/2020 by The Resource Bank, National Association reported 23 jobs and $96,500 was used to fund payroll.

Lincoln inn family restaurant, inc. is Existing or more than 2 years old

LINCOLN INN FAMILY RESTAURANT, INC.

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LINCOLN INN FAMILY RESTAURANT, INC.

Borrower Address

240 E Lincoln Hwy

Borrower City

DEKALB

Borrower State

IL

Borrower Zip

60115-3229

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96500.00

Current Approval Amount

96500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21856

Servicing Lender Name

Resource Bank, National Association

Servicing Lender Address

555 Bethany Rd

Servicing Lender City

DEKALB

Servicing Lender State

IL

Servicing Lender Zip

60115-4941

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DEKALB

Project County Name

DEKALB

Project State

IL

Project Zip

60115-3229

CD

IL-14

Jobs Reported

23

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9000.00

Payroll Proceed

77000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21856

Originating Lender

Resource Bank, National Association

Originating Lender City

DEKALB

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97628.51

Forgiveness Date

06/17/2021

;