PPP Loan information for Shorest 1576 llc

$120,117

Shorest 1576 llc was initially approved for PPP Loan of amount $120,117, the current approved amount is $120,117. The loan was approved on 02/12/2021 by The River Bank & Trust reported 20 jobs and $120,117 was used to fund payroll.

Shorest 1576 llc is Existing or more than 2 years old

SHOREST 1576 LLC

Date Approved

02/12/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SHOREST 1576 LLC

Borrower Address

4700 US Highway 231

Borrower City

Wetumpka

Borrower State

AL

Borrower Zip

36092-3313

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120116.50

Current Approval Amount

120116.50

Undisbursed Amount

0.00

Franchise Name

Shoney's

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wetumpka

Project County Name

ELMORE

Project State

AL

Project Zip

36092-3313

CD

AL-02

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

120113.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17039.87

Forgiveness Date

07/13/2022

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