PPP Loan information for Akron restaurant systems, inc.

$205,200

Akron restaurant systems, inc. was initially approved for PPP Loan of amount $205,200, the current approved amount is $205,200. The loan was approved on 04/06/2020 by The The Huntington National Bank reported 36 jobs and $205,200 was used to fund payroll.

Akron restaurant systems, inc. is Existing or more than 2 years old

AKRON RESTAURANT SYSTEMS, INC.

Date Approved

04/06/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

AKRON RESTAURANT SYSTEMS, INC.

Borrower Address

21945 Chagrin Blvd.

Borrower City

Beachwood

Borrower State

OH

Borrower Zip

44121-5309

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205200.00

Current Approval Amount

205200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beachwood

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44121-5309

CD

OH-11

Jobs Reported

36

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

205200.00

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

207325.08

Forgiveness Date

05/13/2021

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