PPP Loan information for New city restaurant llc

$306,338

New city restaurant llc was initially approved for PPP Loan of amount $306,338, the current approved amount is $306,338. The loan was approved on 01/27/2021 by The First County Bank reported 16 jobs and $306,338 was used to fund payroll.

New city restaurant llc is Existing or more than 2 years old

NEW CITY RESTAURANT LLC

Date Approved

01/27/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

NEW CITY RESTAURANT LLC

Borrower Address

402 Sargent Dr

Borrower City

New Haven

Borrower State

CT

Borrower Zip

06511-5907

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

306337.50

Current Approval Amount

306337.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16490

Servicing Lender Name

First County Bank

Servicing Lender Address

117 Prospect St

Servicing Lender City

STAMFORD

Servicing Lender State

CT

Servicing Lender Zip

06901-1201

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Haven

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06511-5907

CD

CT-03

Jobs Reported

16

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

306333.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

16490

Originating Lender

First County Bank

Originating Lender City

STAMFORD

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309014.81

Forgiveness Date

12/15/2021

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