PPP Loan information for Montgomery restaurant corporation

$327,487

Montgomery restaurant corporation was initially approved for PPP Loan of amount $327,487, the current approved amount is $327,487. The loan was approved on 01/20/2021 by The The First Bank and Trust Company reported 42 jobs and $327,487 was used to fund payroll.

Montgomery restaurant corporation is Existing or more than 2 years old

MONTGOMERY RESTAURANT CORPORATION

Date Approved

01/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MONTGOMERY RESTAURANT CORPORATION

Borrower Address

200 Laurel St

Borrower City

Christiansburg

Borrower State

VA

Borrower Zip

24073-6567

Loan Status Date

07/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

327487.00

Current Approval Amount

327487.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Christiansburg

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24073-6567

CD

VA-09

Jobs Reported

42

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

327483.00

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

Subchapter S Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

331935.37

Forgiveness Date

06/07/2022

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