PPP Loan information for Scholz restaurants, inc.

$150,500

Scholz restaurants, inc. was initially approved for PPP Loan of amount $150,500, the current approved amount is $150,500. The loan was approved on 04/27/2020 by The Bank of Travelers Rest reported 35 jobs and $150,500 was used to fund payroll.

Scholz restaurants, inc. is Existing or more than 2 years old

SCHOLZ RESTAURANTS, INC.

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SCHOLZ RESTAURANTS, INC.

Borrower Address

648 FAIRVIEW RD

Borrower City

SIMPSONVILLE

Borrower State

SC

Borrower Zip

29680-6708

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150500.00

Current Approval Amount

150500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66363

Servicing Lender Name

Bank of Travelers Rest

Servicing Lender Address

42 Plaza Dr

Servicing Lender City

TRAVELERS REST

Servicing Lender State

SC

Servicing Lender Zip

29690-1688

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIMPSONVILLE

Project County Name

GREENVILLE

Project State

SC

Project Zip

29680-6708

CD

SC-04

Jobs Reported

35

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

118500.00

Mortgage Interest Proceed

1000.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

4000

Business Type

Corporation

Originating Lender Location Id

66363

Originating Lender

Bank of Travelers Rest

Originating Lender City

TRAVELERS REST

Originating Lender State

SC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

152021.49

Forgiveness Date

05/05/2021

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