PPP Loan information for Restaurant management group, inc..

$366,000

Restaurant management group, inc.. was initially approved for PPP Loan of amount $366,000, the current approved amount is $366,000. The loan was approved on 04/09/2020 by The First Horizon Bank reported 32 jobs and $366,000 was used to fund payroll.

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

RESTAURANT MANAGEMENT GROUP, INC..

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

RESTAURANT MANAGEMENT GROUP, INC..

Borrower Address

6065 OAKBROOK PARKWAY

Borrower City

NORCROSS

Borrower State

GA

Borrower Zip

30093-1701

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

366000.00

Current Approval Amount

366000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORCROSS

Project County Name

GWINNETT

Project State

GA

Project Zip

30093-1701

CD

GA-07

Jobs Reported

32

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

366000.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

369751.50

Forgiveness Date

04/23/2021

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