PPP Loan information for Alamance restaurant partners

$195,500

Alamance restaurant partners was initially approved for PPP Loan of amount $195,500, the current approved amount is $195,500. The loan was approved on 04/14/2020 by The First Bank reported 62 jobs and $195,500 was used to fund payroll.

Alamance restaurant partners is Existing or more than 2 years old

PPP Loan Search / NC / BURLINGTON / Alamance restaurant partners

ALAMANCE RESTAURANT PARTNERS

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ALAMANCE RESTAURANT PARTNERS

Borrower Address

2699 RAMADA RD

Borrower City

BURLINGTON

Borrower State

NC

Borrower Zip

27215-5473

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195500.00

Current Approval Amount

195500.00

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

BURLINGTON

Project County Name

ALAMANCE

Project State

NC

Project Zip

27215-5473

CD

NC-04

Jobs Reported

62

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24437.50

Payroll Proceed

146625.00

Mortgage Interest Proceed

0.00

Rent Proceed

24437.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

186679.07

Forgiveness Date

12/16/2020

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