PPP Loan information for The trailhead restaurant & bar inc

$119,100

The trailhead restaurant & bar inc was initially approved for PPP Loan of amount $119,100, the current approved amount is $119,100. The loan was approved on 02/06/2021 by The First Bank reported 29 jobs and $119,100 was used to fund payroll.

The trailhead restaurant & bar inc is Existing or more than 2 years old

THE TRAILHEAD RESTAURANT & BAR INC

Date Approved

02/06/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THE TRAILHEAD RESTAURANT & BAR INC

Borrower Address

207 W State St

Borrower City

Black Mountain

Borrower State

NC

Borrower Zip

28711-3408

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119100.00

Current Approval Amount

119100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Black Mountain

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28711-3408

CD

NC-11

Jobs Reported

29

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

119096.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

119824.53

Forgiveness Date

09/21/2021

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