PPP Loan information for Sip restaurants, inc.

$49,560

Sip restaurants, inc. was initially approved for PPP Loan of amount $49,560, the current approved amount is $49,560. The loan was approved on 04/06/2020 by The The Park National Bank reported 16 jobs and $49,560 was used to fund payroll.

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

PPP Loan Search / OH / NEWARK / Sip restaurants, inc.

SIP RESTAURANTS, INC.

Date Approved

04/06/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

SIP RESTAURANTS, INC.

Borrower Address

283 Timberland View Drive

Borrower City

NEWARK

Borrower State

OH

Borrower Zip

43055-9214

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49560.00

Current Approval Amount

49560.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

LICKING

Project State

OH

Project Zip

43055-9214

CD

OH-12

Jobs Reported

16

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1800.00

Payroll Proceed

42160.00

Mortgage Interest Proceed

0.00

Rent Proceed

5600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49850.57

Forgiveness Date

11/23/2020

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