PPP Loan information for The red light bar & grill

$48,160

The red light bar & grill was initially approved for PPP Loan of amount $48,160, the current approved amount is $48,160. The loan was approved on 01/23/2021 by The United Community Bank reported 6 jobs and $48,160 was used to fund payroll.

The red light bar & grill is Existing or more than 2 years old

THE RED LIGHT BAR & GRILL

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

THE RED LIGHT BAR & GRILL

Borrower Address

428 Maine St

Borrower City

Quincy

Borrower State

IL

Borrower Zip

62301-3939

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48160.00

Current Approval Amount

48160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20465

Servicing Lender Name

United Community Bank

Servicing Lender Address

301 N Main St

Servicing Lender City

CHATHAM

Servicing Lender State

IL

Servicing Lender Zip

62629-1019

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Quincy

Project County Name

ADAMS

Project State

IL

Project Zip

62301-3939

CD

IL-15

Jobs Reported

6

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48157.00

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

Corporation

Originating Lender Location Id

20465

Originating Lender

United Community Bank

Originating Lender City

CHATHAM

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48454.31

Forgiveness Date

09/10/2021

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