PPP Loan information for Wright family restaurant inc

$146,800

Wright family restaurant inc was initially approved for PPP Loan of amount $146,800, the current approved amount is $146,800. The loan was approved on 01/25/2021 by The United Community Bank reported 31 jobs and $146,800 was used to fund payroll.

Wright family restaurant inc is Existing or more than 2 years old

PPP Loan Search / NC / Burnsville / Wright family restaurant inc

WRIGHT FAMILY RESTAURANT INC

Date Approved

01/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WRIGHT FAMILY RESTAURANT INC

Borrower Address

316 Woodstock Dr

Borrower City

Burnsville

Borrower State

NC

Borrower Zip

28714-7239

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

146800.00

Current Approval Amount

146800.00

Undisbursed Amount

0.00

Franchise Name

Hwy 55 Burgers Shakes & Fries

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burnsville

Project County Name

YANCEY

Project State

NC

Project Zip

28714-7239

CD

NC-11

Jobs Reported

31

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

146797.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

147926.14

Forgiveness Date

11/10/2021

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