PPP Loan information for Reid's cafe & catering

$160,970

Reid's cafe & catering was initially approved for PPP Loan of amount $160,970, the current approved amount is $160,970. The loan was approved on 04/09/2020 by The Bank of Tennessee reported 24 jobs and $160,970 was used to fund payroll.

Reid's cafe & catering is Existing or more than 2 years old

PPP Loan Search / NC / BANNER ELK / Reid's cafe & catering

REID'S CAFE & CATERING

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

REID'S CAFE & CATERING

Borrower Address

4004 NC Highway 105 S Suite 8, Box 1

Borrower City

BANNER ELK

Borrower State

NC

Borrower Zip

28604

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160970.00

Current Approval Amount

160970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67108

Servicing Lender Name

Bank of Tennessee

Servicing Lender Address

301 E Center St

Servicing Lender City

KINGSPORT

Servicing Lender State

TN

Servicing Lender Zip

37660-4801

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BANNER ELK

Project County Name

AVERY

Project State

NC

Project Zip

28604-0001

CD

NC-05

Jobs Reported

24

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

160970.00

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

67108

Originating Lender

Bank of Tennessee

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

162347.19

Forgiveness Date

02/23/2021

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