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

$538,775

R.r.c. restaurants, inc. was initially approved for PPP Loan of amount $538,775, the current approved amount is $538,775. The loan was approved on 04/06/2020 by The Wilmington Savings Fund Society, FSB reported 175 jobs and $538,775 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

04/06/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

R.R.C. RESTAURANTS, INC.

Borrower Address

1115 College Ave

Borrower City

NEWARK

Borrower State

DE

Borrower Zip

19713-2307

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

538775.00

Current Approval Amount

538775.00

Undisbursed Amount

0.00

Franchise Name

Friendly's

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

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

175

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5354.00

Payroll Proceed

450000.00

Mortgage Interest Proceed

0.00

Rent Proceed

83421.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

542937.59

Forgiveness Date

01/26/2021

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