PPP Loan information for Richards bbq

$48,217

Richards bbq was initially approved for PPP Loan of amount $48,217, the current approved amount is $48,217. The loan was approved on 05/14/2020 by The Farmers & Merchants Bank reported 13 jobs and $48,217 was used to fund payroll.

Richards bbq is Existing or more than 2 years old

RICHARDS BBQ

Date Approved

05/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RICHARDS BBQ

Borrower Address

522 N MAIN ST

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28144-4350

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48217.00

Current Approval Amount

48217.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28144-4350

CD

NC-08

Jobs Reported

13

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48217.00

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

Sole Proprietorship

Originating Lender Location Id

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48500.94

Forgiveness Date

12/30/2020

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