PPP Loan information for Newtrend restaurant, inc.

$20,000

Newtrend restaurant, inc. was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 04/27/2020 by The Flagstar Bank National Association reported 11 jobs and $20,000 was used to fund payroll.

Newtrend restaurant, inc. is Existing or more than 2 years old

NEWTREND RESTAURANT, INC.

Date Approved

04/27/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

NEWTREND RESTAURANT, INC.

Borrower Address

1512 W. 117th Street

Borrower City

Lakewood

Borrower State

OH

Borrower Zip

44107

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49887

Servicing Lender Name

Flagstar Bank National Association

Servicing Lender Address

102 Duffy Ave

Servicing Lender City

HICKSVILLE

Servicing Lender State

NY

Servicing Lender Zip

11801-3630

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44107-0011

CD

OH-11

Jobs Reported

11

NAICS Code

722511

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20158.89

Forgiveness Date

02/17/2021

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