PPP Loan information for Restaurant city llc

$220,500

Restaurant city llc was initially approved for PPP Loan of amount $220,500, the current approved amount is $220,500. The loan was approved on 01/23/2021 by The Somerset Trust Company reported 45 jobs and $220,500 was used to fund payroll.

Restaurant city llc is Existing or more than 2 years old

PPP Loan Search / MD / Cumberland / Restaurant city llc

RESTAURANT CITY LLC

Date Approved

01/23/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

RESTAURANT CITY LLC

Borrower Address

7 Willison Pl

Borrower City

Cumberland

Borrower State

MD

Borrower Zip

21502-3530

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

220500.00

Current Approval Amount

220500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65337

Servicing Lender Name

Somerset Trust Company

Servicing Lender Address

151 W Main St

Servicing Lender City

SOMERSET

Servicing Lender State

PA

Servicing Lender Zip

15501-2041

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cumberland

Project County Name

ALLEGANY

Project State

MD

Project Zip

21502-3530

CD

MD-06

Jobs Reported

45

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

220497.00

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

65337

Originating Lender

Somerset Trust Company

Originating Lender City

SOMERSET

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

221726.34

Forgiveness Date

08/25/2021

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