PPP Loan information for Desai restaurants inc

$15,750

Desai restaurants inc was initially approved for PPP Loan of amount $15,750, the current approved amount is $15,750. The loan was approved on 03/28/2021 by The Truist Bank reported 5 jobs and $15,750 was used to fund payroll.

Desai restaurants inc is Existing or more than 2 years old

DESAI RESTAURANTS INC

Date Approved

03/28/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

DESAI RESTAURANTS INC

Borrower Address

4015 Holcomb Bridge Rd

Borrower City

Peachtree Corners

Borrower State

GA

Borrower Zip

30092-4659

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

15750.00

Current Approval Amount

15750.00

Undisbursed Amount

0.00

Franchise Name

CoreLife Eatery

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Peachtree Corners

Project County Name

GWINNETT

Project State

GA

Project Zip

30092-4659

CD

GA-07

Jobs Reported

5

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

15748.00

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

Sole Proprietorship

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15933.75

Forgiveness Date

06/01/2022

;