PPP Loan information for Rowe family restaurant inc

$305,921

Rowe family restaurant inc was initially approved for PPP Loan of amount $305,921, the current approved amount is $305,921. The loan was approved on 02/12/2021 by The Farmers & Merchants Bank reported 38 jobs and $305,921 was used to fund payroll.

Rowe family restaurant inc is Existing or more than 2 years old

PPP Loan Search / VA / Staunton / Rowe family restaurant inc

ROWE FAMILY RESTAURANT INC

Date Approved

02/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ROWE FAMILY RESTAURANT INC

Borrower Address

74 Rowe Rd

Borrower City

Staunton

Borrower State

VA

Borrower Zip

24401-6701

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

305921.00

Current Approval Amount

305921.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Staunton

Project County Name

AUGUSTA

Project State

VA

Project Zip

24401-6701

CD

VA-06

Jobs Reported

38

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

305921.00

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

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

308487.34

Forgiveness Date

12/16/2021

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