PPP Loan information for Ole tapas lounge & restaurant

$52,500

Ole tapas lounge & restaurant was initially approved for PPP Loan of amount $52,500, the current approved amount is $52,500. The loan was approved on 01/23/2021 by The Fulton Bank, National Association reported 10 jobs and $52,500 was used to fund payroll.

Ole tapas lounge & restaurant is Existing or more than 2 years old

PPP Loan Search / DE / Newark / Ole tapas lounge & restaurant

OLE TAPAS LOUNGE & RESTAURANT

Date Approved

01/23/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

OLE TAPAS LOUNGE & RESTAURANT

Borrower Address

1126 Capitol Trl

Borrower City

Newark

Borrower State

DE

Borrower Zip

19711-3927

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52500.00

Current Approval Amount

52500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19711-3927

CD

DE-

Jobs Reported

10

NAICS Code

721199

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52498.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52822.29

Forgiveness Date

09/07/2021

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