PPP Loan information for The trailhead restaurant inc.

$75,000

The trailhead restaurant inc. was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/28/2020 by The First Bank reported 32 jobs and $75,000 was used to fund payroll.

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

THE TRAILHEAD RESTAURANT INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE TRAILHEAD RESTAURANT INC.

Borrower Address

207 West STATE ST

Borrower City

BLACK MOUNTAIN

Borrower State

NC

Borrower Zip

28711-3408

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

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

32

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

75000.00

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

Non-Veteran

Non Profit

Forgiveness Amount

75581.25

Forgiveness Date

02/10/2021

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