PPP Loan information for The colonial restaurant, inc.

$135,619

The colonial restaurant, inc. was initially approved for PPP Loan of amount $135,619, the current approved amount is $135,619. The loan was approved on 04/06/2020 by The First National Bank reported 40 jobs and $135,619 was used to fund payroll.

The colonial restaurant, inc. is Existing or more than 2 years old

PPP Loan Search / VA / RUSTBURG / The colonial restaurant, inc.

THE COLONIAL RESTAURANT, INC.

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE COLONIAL RESTAURANT, INC.

Borrower Address

8790 Wards Road

Borrower City

RUSTBURG

Borrower State

VA

Borrower Zip

24588-2571

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135619.00

Current Approval Amount

135619.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSTBURG

Project County Name

CAMPBELL

Project State

VA

Project Zip

24588-2571

CD

VA-05

Jobs Reported

40

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

130619.00

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

Subchapter S Corporation

Originating Lender Location Id

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

136444.02

Forgiveness Date

11/25/2020

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