PPP Loan information for Southern roots restaurant inc.

$287,732

Southern roots restaurant inc. was initially approved for PPP Loan of amount $287,732, the current approved amount is $287,732. The loan was approved on 01/26/2021 by The Pinnacle Bank reported 36 jobs and $287,732 was used to fund payroll.

Southern roots restaurant inc. is Existing or more than 2 years old

SOUTHERN ROOTS RESTAURANT INC.

Date Approved

01/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SOUTHERN ROOTS RESTAURANT INC.

Borrower Address

119 E Main St

Borrower City

Jamestown

Borrower State

NC

Borrower Zip

27282-9551

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

287731.50

Current Approval Amount

287731.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jamestown

Project County Name

GUILFORD

Project State

NC

Project Zip

27282-9551

CD

NC-06

Jobs Reported

36

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

287728.50

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

Corporation

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

290269.84

Forgiveness Date

12/16/2021

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