PPP Loan information for Rudee inlet restaurant & raw bar, inc

$287,500

Rudee inlet restaurant & raw bar, inc was initially approved for PPP Loan of amount $287,500, the current approved amount is $287,500. The loan was approved on 04/06/2020 by The Southern Bank and Trust Company reported 48 jobs and $287,500 was used to fund payroll.

Rudee inlet restaurant & raw bar, inc is Existing or more than 2 years old

PPP Loan Search / VA / VIRGINIA BEACH / Rudee inlet restaurant & raw bar, inc

RUDEE INLET RESTAURANT & RAW BAR, INC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RUDEE INLET RESTAURANT & RAW BAR, INC

Borrower Address

300 WINSTON SALEM AVE

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23451-3637

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287500.00

Current Approval Amount

287500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-3637

CD

VA-02

Jobs Reported

48

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

287500.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

290311.11

Forgiveness Date

04/01/2021

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