PPP Loan information for Riks cafe

$220,482

Riks cafe was initially approved for PPP Loan of amount $220,482, the current approved amount is $220,482. The loan was approved on 02/06/2021 by The Fulton Bank, National Association reported 26 jobs and $220,482 was used to fund payroll.

Riks cafe is Existing or more than 2 years old

RIKS CAFE

Date Approved

02/06/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

RIKS CAFE

Borrower Address

1065 Maryland Ave

Borrower City

Hagerstown

Borrower State

MD

Borrower Zip

21740-7201

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

220482.00

Current Approval Amount

220482.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hagerstown

Project County Name

WASHINGTON

Project State

MD

Project Zip

21740-7201

CD

MD-06

Jobs Reported

26

NAICS Code

721199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

220479.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

222070.68

Forgiveness Date

10/29/2021

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