PPP Loan information for Rudee inlet restaurant & raw bar inc

$402,509

Rudee inlet restaurant & raw bar inc was initially approved for PPP Loan of amount $402,509, the current approved amount is $402,509. The loan was approved on 01/28/2021 by The Southern Bank and Trust Company reported 78 jobs and $402,509 was used to fund payroll.

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

RUDEE INLET RESTAURANT & RAW BAR INC

Date Approved

01/28/2021

SBA Office Code

0304

Processing Method

PPS

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

11/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

402509.00

Current Approval Amount

402509.00

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

78

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

402505.00

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

405393.65

Forgiveness Date

10/26/2021

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