PPP Loan information for Mcleans ole time cafe inc.

$347,420

Mcleans ole time cafe inc. was initially approved for PPP Loan of amount $347,420, the current approved amount is $347,420. The loan was approved on 04/08/2020 by The Benchmark Community Bank reported 85 jobs and $347,420 was used to fund payroll.

Mcleans ole time cafe inc. is Existing or more than 2 years old

MCLEANS OLE TIME CAFE INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MCLEANS OLE TIME CAFE INC.

Borrower Address

418 West Gannon Ave

Borrower City

ZEBULON

Borrower State

NC

Borrower Zip

27597-2508

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

347419.50

Current Approval Amount

347419.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73481

Servicing Lender Name

Benchmark Community Bank

Servicing Lender Address

204 S Broad St

Servicing Lender City

KENBRIDGE

Servicing Lender State

VA

Servicing Lender Zip

23944

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ZEBULON

Project County Name

WAKE

Project State

NC

Project Zip

27597-2508

CD

NC-02

Jobs Reported

85

NAICS Code

722514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

43427.44

Payroll Proceed

260564.62

Mortgage Interest Proceed

43427.44

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

73481

Originating Lender

Benchmark Community Bank

Originating Lender City

KENBRIDGE

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

350275.00

Forgiveness Date

02/11/2021

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