PPP Loan information for Conrads restaurant inc

$250,000

Conrads restaurant inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/12/2020 by The Farmers & Merchants Bank of Long Beach reported 34 jobs and $250,000 was used to fund payroll.

Conrads restaurant inc is Existing or more than 2 years old

CONRADS RESTAURANT INC

Date Approved

04/12/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

CONRADS RESTAURANT INC

Borrower Address

820 N Central Ave

Borrower City

GLENDALE

Borrower State

CA

Borrower Zip

91203-1204

Loan Status Date

10/07/2021

Loan Status

Charged Off

Term

6

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLENDALE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91203-1204

CD

CA-30

Jobs Reported

34

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86036.27

Forgiveness Date

07/08/2021

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