PPP Loan information for Restaurant development mgt. group, inc.

$319,190

Restaurant development mgt. group, inc. was initially approved for PPP Loan of amount $319,190, the current approved amount is $319,190. The loan was approved on 04/08/2020 by The Commercial Banking Company reported 73 jobs and $319,190 was used to fund payroll.

Restaurant development mgt. group, inc. is Existing or more than 2 years old

RESTAURANT DEVELOPMENT MGT. GROUP, INC.

Date Approved

04/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

RESTAURANT DEVELOPMENT MGT. GROUP, INC.

Borrower Address

2101 US Hwy 84 W

Borrower City

Valdosta

Borrower State

GA

Borrower Zip

31601-5188

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

319190.00

Current Approval Amount

319190.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120813

Servicing Lender Name

Commercial Banking Company

Servicing Lender Address

3462 N Valdosta Rd

Servicing Lender City

VALDOSTA

Servicing Lender State

GA

Servicing Lender Zip

31602-1097

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Valdosta

Project County Name

LOWNDES

Project State

GA

Project Zip

31601-5188

CD

GA-08

Jobs Reported

73

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

319190.00

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

120813

Originating Lender

Commercial Banking Company

Originating Lender City

VALDOSTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

322172.02

Forgiveness Date

03/24/2021

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