PPP Loan information for Smith brothers restaurant corporation

$405,440

Smith brothers restaurant corporation was initially approved for PPP Loan of amount $405,440, the current approved amount is $405,440. The loan was approved on 04/13/2020 by The American Business Bank reported 27 jobs and $405,440 was used to fund payroll.

Smith brothers restaurant corporation is Existing or more than 2 years old

SMITH BROTHERS RESTAURANT CORPORATION

Date Approved

04/13/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

SMITH BROTHERS RESTAURANT CORPORATION

Borrower Address

100 E CORSON ST STE 320

Borrower City

PASADENA

Borrower State

CA

Borrower Zip

91103-3875

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

405440.00

Current Approval Amount

405440.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PASADENA

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91103-3875

CD

CA-28

Jobs Reported

27

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11000.00

Payroll Proceed

369440.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

408850.14

Forgiveness Date

02/26/2021

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