PPP Loan information for Olive tree restaurant, inc.

$552,499

Olive tree restaurant, inc. was initially approved for PPP Loan of amount $552,499, the current approved amount is $552,499. The loan was approved on 01/28/2021 by The Harford Bank reported 80 jobs and $552,499 was used to fund payroll.

Olive tree restaurant, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Aberdeen / Olive tree restaurant, inc.

OLIVE TREE RESTAURANT, INC.

Date Approved

01/28/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

OLIVE TREE RESTAURANT, INC.

Borrower Address

1005 Beards Hill Rd

Borrower City

Aberdeen

Borrower State

MD

Borrower Zip

21001-2254

Loan Status Date

10/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

552499.00

Current Approval Amount

552499.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29905

Servicing Lender Name

Harford Bank

Servicing Lender Address

8 W Bel Air Ave

Servicing Lender City

ABERDEEN

Servicing Lender State

MD

Servicing Lender Zip

21001-3235

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Aberdeen

Project County Name

HARFORD

Project State

MD

Project Zip

21001-2254

CD

MD-01

Jobs Reported

80

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

552496.00

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

29905

Originating Lender

Harford Bank

Originating Lender City

ABERDEEN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

561553.84

Forgiveness Date

09/19/2022

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