PPP Loan information for Niles restaurant business, inc.

$651,000

Niles restaurant business, inc. was initially approved for PPP Loan of amount $651,000, the current approved amount is $651,000. The loan was approved on 04/08/2020 by The The Farmers National Bank of Canfield reported 196 jobs and $651,000 was used to fund payroll.

Niles restaurant business, inc. is Existing or more than 2 years old

NILES RESTAURANT BUSINESS, INC.

Date Approved

04/08/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

NILES RESTAURANT BUSINESS, INC.

Borrower Address

7255 Glendale Avenue

Borrower City

YOUNGSTOWN

Borrower State

OH

Borrower Zip

44512-4822

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

651000.00

Current Approval Amount

651000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53390

Servicing Lender Name

The Farmers National Bank of Canfield

Servicing Lender Address

20 S Broad St

Servicing Lender City

Canfield

Servicing Lender State

OH

Servicing Lender Zip

44406-1401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YOUNGSTOWN

Project County Name

MAHONING

Project State

OH

Project Zip

44512-4822

CD

OH-06

Jobs Reported

196

NAICS Code

722211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

651000.00

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

53390

Originating Lender

The Farmers National Bank of Canfield

Originating Lender City

Canfield

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

655267.67

Forgiveness Date

12/09/2020

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