PPP Loan information for Ovalon restaurant inc

$87,325

Ovalon restaurant inc was initially approved for PPP Loan of amount $87,325, the current approved amount is $87,325. The loan was approved on 03/26/2021 by The Luzerne Bank reported 26 jobs and $87,325 was used to fund payroll.

Ovalon restaurant inc is Existing or more than 2 years old

PPP Loan Search / PA / Hazleton / Ovalon restaurant inc

OVALON RESTAURANT INC

Date Approved

03/26/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

OVALON RESTAURANT INC

Borrower Address

254 N Wyoming St

Borrower City

Hazleton

Borrower State

PA

Borrower Zip

18201-5529

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87325.00

Current Approval Amount

87325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60998

Servicing Lender Name

Luzerne Bank

Servicing Lender Address

118 Main St

Servicing Lender City

LUZERNE

Servicing Lender State

PA

Servicing Lender Zip

18709-1208

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hazleton

Project County Name

LUZERNE

Project State

PA

Project Zip

18201-5529

CD

PA-08

Jobs Reported

26

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87324.00

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

60998

Originating Lender

Luzerne Bank

Originating Lender City

LUZERNE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87882.44

Forgiveness Date

11/18/2021

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