PPP Loan information for Mclemore restaurants, inc

$153,400

Mclemore restaurants, inc was initially approved for PPP Loan of amount $153,400, the current approved amount is $153,400. The loan was approved on 04/10/2020 by The United Community Bank reported 23 jobs and $153,400 was used to fund payroll.

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

MCLEMORE RESTAURANTS, INC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MCLEMORE RESTAURANTS, INC

Borrower Address

2520 Danville Rd

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35603-4213

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153400.00

Current Approval Amount

153400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DECATUR

Project County Name

MORGAN

Project State

AL

Project Zip

35603-4213

CD

AL-05

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

153400.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

154435.45

Forgiveness Date

12/17/2020

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