PPP Loan information for Africa restaurant and lounge

$94,500

Africa restaurant and lounge was initially approved for PPP Loan of amount $94,500, the current approved amount is $94,500. The loan was approved on 06/29/2020 by The Fed – Kabbage reported 7 jobs and $94,500 was used to fund payroll.

Africa restaurant and lounge is Existing or more than 2 years old

PPP Loan Search / GA / RIVERDALE / Africa restaurant and lounge

AFRICA RESTAURANT AND LOUNGE

Date Approved

06/29/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AFRICA RESTAURANT AND LOUNGE

Borrower Address

6380 HIGHWAY 85 SUITE E

Borrower City

RIVERDALE

Borrower State

GA

Borrower Zip

30274

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

94500.00

Current Approval Amount

94500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

593324

Servicing Lender Name

Fed – Kabbage

Servicing Lender Address

925B Peachtree Street NE

Servicing Lender City

Atlanta

Servicing Lender State

GA

Servicing Lender Zip

30309

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RIVERDALE

Project County Name

CLAYTON

Project State

GA

Project Zip

30274-0328

CD

GA-05

Jobs Reported

7

NAICS Code

722511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

94500.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96229.48

Forgiveness Date

05/11/2022

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