PPP Loan information for Red room arcade

$20,833

Red room arcade was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 05/07/2021 by The Southern Bank and Trust Company reported 1 jobs and $20,833 was used to fund payroll.

Red room arcade is Existing or more than 2 years old

PPP Loan Search / NC / Ahoskie / Red room arcade

RED ROOM ARCADE

Date Approved

05/07/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RED ROOM ARCADE

Borrower Address

102 Main St E

Borrower City

Ahoskie

Borrower State

NC

Borrower Zip

27910-3416

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ahoskie

Project County Name

HERTFORD

Project State

NC

Project Zip

27910-3416

CD

NC-01

Jobs Reported

1

NAICS Code

518210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20831.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20900.71

Forgiveness Date

09/08/2021

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