PPP Loan information for Laurelwood restaurants inc

$352,100

Laurelwood restaurants inc was initially approved for PPP Loan of amount $352,100, the current approved amount is $352,100. The loan was approved on 01/30/2021 by The Summit Bank reported 43 jobs and $352,100 was used to fund payroll.

Laurelwood restaurants inc is Existing or more than 2 years old

PPP Loan Search / OR / Portland / Laurelwood restaurants inc

LAURELWOOD RESTAURANTS INC

Date Approved

01/30/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

LAURELWOOD RESTAURANTS INC

Borrower Address

5115 NE Sandy Blvd

Borrower City

Portland

Borrower State

OR

Borrower Zip

97213-2525

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

352100.00

Current Approval Amount

352100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

368537

Servicing Lender Name

Summit Bank

Servicing Lender Address

96 E Broadway

Servicing Lender City

EUGENE

Servicing Lender State

OR

Servicing Lender Zip

97401-3135

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97213-2525

CD

OR-03

Jobs Reported

43

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

352097.00

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

368537

Originating Lender

Summit Bank

Originating Lender City

EUGENE

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

354665.99

Forgiveness Date

10/29/2021

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