PPP Loan information for The schoolfield restaurant

$11,998

The schoolfield restaurant was initially approved for PPP Loan of amount $11,998, the current approved amount is $11,998. The loan was approved on 04/08/2021 by The Truist Bank reported 10 jobs and $11,998 was used to fund payroll.

The schoolfield restaurant is Existing or more than 2 years old

THE SCHOOLFIELD RESTAURANT

Date Approved

04/08/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE SCHOOLFIELD RESTAURANT

Borrower Address

1009 Main St

Borrower City

Danville

Borrower State

VA

Borrower Zip

24541-1815

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11998.00

Current Approval Amount

11998.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danville

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24541-1815

CD

VA-05

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

11992.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12108.98

Forgiveness Date

03/28/2022

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