PPP Loan information for Orchid's asian restaurant

$57,758

Orchid's asian restaurant was initially approved for PPP Loan of amount $40,000, the current approved amount is $57,758. The loan was approved on 04/13/2020 by The Truist Bank reported 25 jobs and $57,758 was used to fund payroll.

Orchid's asian restaurant is Existing or more than 2 years old

PPP Loan Search / GA / STATESBORO / Orchid's asian restaurant

ORCHID'S ASIAN RESTAURANT

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ORCHID'S ASIAN RESTAURANT

Borrower Address

1525 fair rd Suite 103

Borrower City

STATESBORO

Borrower State

GA

Borrower Zip

30458-6025

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

57758.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STATESBORO

Project County Name

BULLOCH

Project State

GA

Project Zip

30458-6025

CD

GA-12

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57758.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48053.83

Forgiveness Date

12/15/2020

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