PPP Loan information for Park avenue restaurant

$53,000

Park avenue restaurant was initially approved for PPP Loan of amount $53,000, the current approved amount is $53,000. The loan was approved on 05/22/2020 by The Truist Bank reported 23 jobs and $53,000 was used to fund payroll.

Park avenue restaurant is Existing or more than 2 years old

PARK AVENUE RESTAURANT

Date Approved

05/22/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

PARK AVENUE RESTAURANT

Borrower Address

278 Park Avenue

Borrower City

Danville

Borrower State

WV

Borrower Zip

25053

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53000.00

Current Approval Amount

53000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Danville

Project County Name

BOONE

Project State

WV

Project Zip

25053-0001

CD

WV-01

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43242.47

Forgiveness Date

12/16/2020

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