PPP Loan information for The rail bar and grille

$72,200

The rail bar and grille was initially approved for PPP Loan of amount $72,200, the current approved amount is $72,200. The loan was approved on 03/10/2021 by The Highlands Community Bank reported 16 jobs and $72,200 was used to fund payroll.

The rail bar and grille is Existing or more than 2 years old

THE RAIL BAR AND GRILLE

Date Approved

03/10/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE RAIL BAR AND GRILLE

Borrower Address

905 Valley Ridge Rd

Borrower City

Covington

Borrower State

VA

Borrower Zip

24426-6348

Loan Status Date

06/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72200.00

Current Approval Amount

72200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

276736

Servicing Lender Name

Highlands Community Bank

Servicing Lender Address

307 Thacker Ave

Servicing Lender City

COVINGTON

Servicing Lender State

VA

Servicing Lender Zip

24426-2264

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Covington

Project County Name

ALLEGHANY

Project State

VA

Project Zip

24426-6348

CD

VA-06

Jobs Reported

16

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

72196.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

276736

Originating Lender

Highlands Community Bank

Originating Lender City

COVINGTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

73056.37

Forgiveness Date

05/19/2022

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