PPP Loan information for Old town family restraurant

$50,600

Old town family restraurant was initially approved for PPP Loan of amount $50,600, the current approved amount is $50,600. The loan was approved on 04/27/2020 by The Citizens First Bank reported 10 jobs and $50,600 was used to fund payroll.

Old town family restraurant is Existing or more than 2 years old

PPP Loan Search / IA / CLINTON / Old town family restraurant

OLD TOWN FAMILY RESTRAURANT

Date Approved

04/27/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

OLD TOWN FAMILY RESTRAURANT

Borrower Address

2107 CAMANCHE AVE

Borrower City

CLINTON

Borrower State

IA

Borrower Zip

52732-6036

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50600.00

Current Approval Amount

50600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124516

Servicing Lender Name

Citizens First Bank

Servicing Lender Address

1442 Lincolnway

Servicing Lender City

CLINTON

Servicing Lender State

IA

Servicing Lender Zip

52732-7043

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

CLINTON

Project State

IA

Project Zip

52732-6036

CD

IA-01

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6325.00

Payroll Proceed

37950.00

Mortgage Interest Proceed

0.00

Rent Proceed

6325.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

124516

Originating Lender

Citizens First Bank

Originating Lender City

CLINTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50890.95

Forgiveness Date

11/30/2020

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