PPP Loan information for Serg restaurant group, llc

$1,270,800

Serg restaurant group, llc was initially approved for PPP Loan of amount $1,270,800, the current approved amount is $1,270,800. The loan was approved on 04/08/2020 by The Coastal States Bank reported 114 jobs and $1,270,800 was used to fund payroll.

Serg restaurant group, llc is Existing or more than 2 years old

SERG RESTAURANT GROUP, LLC

Date Approved

04/08/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SERG RESTAURANT GROUP, LLC

Borrower Address

9 HUNTER RD (A)

Borrower City

HILTON HEAD ISLAND

Borrower State

SC

Borrower Zip

29926-3715

Loan Status Date

03/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1270800.00

Current Approval Amount

1270800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

382926

Servicing Lender Name

Coastal States Bank

Servicing Lender Address

5 Bow Circle

Servicing Lender City

HILTON HEAD ISLAND

Servicing Lender State

SC

Servicing Lender Zip

29928-7344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HILTON HEAD ISLAND

Project County Name

BEAUFORT

Project State

SC

Project Zip

29926-3715

CD

SC-01

Jobs Reported

114

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12708.00

Payroll Proceed

1080180.00

Mortgage Interest Proceed

101664.00

Rent Proceed

76248.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

382926

Originating Lender

Coastal States Bank

Originating Lender City

HILTON HEAD ISLAND

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1269065.24

Forgiveness Date

12/09/2020

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