PPP Loan information for The colby restaurant group incorporated

$1,691,309

The colby restaurant group incorporated was initially approved for PPP Loan of amount $1,691,309, the current approved amount is $1,691,309. The loan was approved on 03/30/2021 by The Loan Source Incorporated reported 145 jobs and $1,691,309 was used to fund payroll.

The colby restaurant group incorporated is Existing or more than 2 years old

THE COLBY RESTAURANT GROUP INCORPORATED

Date Approved

03/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

THE COLBY RESTAURANT GROUP INCORPORATED

Borrower Address

26 Easton Way

Borrower City

Hainesport

Borrower State

NJ

Borrower Zip

08036-4827

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1691308.50

Current Approval Amount

1691308.50

Undisbursed Amount

0.00

Franchise Name

Red Robin

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hainesport

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08036-4827

CD

NJ-03

Jobs Reported

145

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1691303.50

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

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1701502.69

Forgiveness Date

11/08/2021

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