PPP Loan information for R.r.c. restaurants inc.

$754,288

R.r.c. restaurants inc. was initially approved for PPP Loan of amount $754,288, the current approved amount is $754,288. The loan was approved on 02/04/2021 by The Manufacturers and Traders Trust Company reported 232 jobs and $754,288 was used to fund payroll.

R.r.c. restaurants inc. is Existing or more than 2 years old

PPP Loan Search / DE / Newark / R.r.c. restaurants inc.

R.R.C. RESTAURANTS INC.

Date Approved

02/04/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

R.R.C. RESTAURANTS INC.

Borrower Address

1115 S College Ave

Borrower City

Newark

Borrower State

DE

Borrower Zip

19713-2307

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

754288.00

Current Approval Amount

754288.00

Undisbursed Amount

0.00

Franchise Name

Friendly's

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19713-2307

CD

DE-

Jobs Reported

232

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

754286.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

760735.61

Forgiveness Date

12/20/2021

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