PPP Loan information for Newbern's restaurant

$112,058

Newbern's restaurant was initially approved for PPP Loan of amount $112,058, the current approved amount is $112,058. The loan was approved on 03/17/2021 by The Bank Independent reported 21 jobs and $112,058 was used to fund payroll.

Newbern's restaurant is Existing or more than 2 years old

PPP Loan Search / AL / Florence / Newbern's restaurant

NEWBERN'S RESTAURANT

Date Approved

03/17/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

NEWBERN'S RESTAURANT

Borrower Address

3406 Florence Blvd

Borrower City

Florence

Borrower State

AL

Borrower Zip

35634-2541

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112058.47

Current Approval Amount

112058.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Florence

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35634-2541

CD

AL-05

Jobs Reported

21

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

112056.47

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

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

112550.28

Forgiveness Date

08/31/2021

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