PPP Loan information for Surcheros franchising corporation

$86,600

Surcheros franchising corporation was initially approved for PPP Loan of amount $86,600, the current approved amount is $86,600. The loan was approved on 04/07/2020 by The Pineland Bank reported 9 jobs and $86,600 was used to fund payroll.

Surcheros franchising corporation is Existing or more than 2 years old

SURCHEROS FRANCHISING CORPORATION

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SURCHEROS FRANCHISING CORPORATION

Borrower Address

412 WARD ST

Borrower City

DOUGLAS

Borrower State

GA

Borrower Zip

31533-0001

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86600.00

Current Approval Amount

86600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17808

Servicing Lender Name

Pineland Bank

Servicing Lender Address

501 W 12th St

Servicing Lender City

ALMA

Servicing Lender State

GA

Servicing Lender Zip

31510-1956

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOUGLAS

Project County Name

COFFEE

Project State

GA

Project Zip

31533-0001

CD

GA-08

Jobs Reported

9

NAICS Code

533110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4312.90

Payroll Proceed

77956.20

Mortgage Interest Proceed

0.00

Rent Proceed

4330.90

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

17808

Originating Lender

Pineland Bank

Originating Lender City

ALMA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87295.17

Forgiveness Date

02/04/2021

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