PPP Loan information for Shakers restaurant corporation

$660,400

Shakers restaurant corporation was initially approved for PPP Loan of amount $660,400, the current approved amount is $660,400. The loan was approved on 01/27/2021 by The First-Citizens Bank & Trust Company reported 115 jobs and $660,400 was used to fund payroll.

Shakers restaurant corporation is Existing or more than 2 years old

PPP Loan Search / VA / Lynchburg / Shakers restaurant corporation

SHAKERS RESTAURANT CORPORATION

Date Approved

01/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SHAKERS RESTAURANT CORPORATION

Borrower Address

106 Goldenrod Pl

Borrower City

Lynchburg

Borrower State

VA

Borrower Zip

24502-3452

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

660400.00

Current Approval Amount

660400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynchburg

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24502-3452

CD

VA-05

Jobs Reported

115

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

660399.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

665447.99

Forgiveness Date

11/05/2021

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