PPP Loan information for Newtrend restaurant inc

$66,780

Newtrend restaurant inc was initially approved for PPP Loan of amount $66,780, the current approved amount is $66,780. The loan was approved on 02/04/2021 by The Flagstar Bank National Association reported 11 jobs and $66,780 was used to fund payroll.

Newtrend restaurant inc is Existing or more than 2 years old

NEWTREND RESTAURANT INC

Date Approved

02/04/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

NEWTREND RESTAURANT INC

Borrower Address

1512 W 117th St

Borrower City

Lakewood

Borrower State

OH

Borrower Zip

44107-5104

Loan Status Date

02/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66780.00

Current Approval Amount

66780.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49887

Servicing Lender Name

Flagstar Bank National Association

Servicing Lender Address

102 Duffy Ave

Servicing Lender City

HICKSVILLE

Servicing Lender State

NY

Servicing Lender Zip

11801-3630

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44107-5104

CD

OH-11

Jobs Reported

11

NAICS Code

722511

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

66780.00

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

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67573.94

Forgiveness Date

05/12/2022

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