PPP Loan information for Mid atlantic family restaurants inc

$257,120

Mid atlantic family restaurants inc was initially approved for PPP Loan of amount $257,100, the current approved amount is $257,120. The loan was approved on 04/14/2020 by The Truist Bank reported 102 jobs and $257,120 was used to fund payroll.

Mid atlantic family restaurants inc is Existing or more than 2 years old

MID ATLANTIC FAMILY RESTAURANTS INC

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MID ATLANTIC FAMILY RESTAURANTS INC

Borrower Address

2745 TERWOOD RD

Borrower City

WILLOW GROVE

Borrower State

PA

Borrower Zip

19090-1437

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257100.00

Current Approval Amount

257120.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLOW GROVE

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19090-1437

CD

PA-04

Jobs Reported

102

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

257120.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

259526.93

Forgiveness Date

03/31/2021

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