PPP Loan information for Jmc restaurant group inc

$201,897

Jmc restaurant group inc was initially approved for PPP Loan of amount $201,897, the current approved amount is $201,897. The loan was approved on 01/21/2021 by The Wayne Bank reported 18 jobs and $201,897 was used to fund payroll.

Jmc restaurant group inc is Existing or more than 2 years old

JMC RESTAURANT GROUP INC

Date Approved

01/21/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

JMC RESTAURANT GROUP INC

Borrower Address

1636 N Cedar Crest Blvd PMB 506

Borrower City

Allentown

Borrower State

PA

Borrower Zip

18104-2318

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

201897.00

Current Approval Amount

201897.00

Undisbursed Amount

0.00

Franchise Name

Friendly's

Servicing Lender Location Id

60383

Servicing Lender Name

Wayne Bank

Servicing Lender Address

717 Main St

Servicing Lender City

HONESDALE

Servicing Lender State

PA

Servicing Lender Zip

18431-1844

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Allentown

Project County Name

LEHIGH

Project State

PA

Project Zip

18104-2318

CD

PA-07

Jobs Reported

18

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

201892.00

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

60383

Originating Lender

Wayne Bank

Originating Lender City

HONESDALE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

203652.38

Forgiveness Date

12/01/2021

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