PPP Loan information for Ragtime cafe inc

$125,000

Ragtime cafe inc was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 04/06/2020 by The ServisFirst Bank reported 33 jobs and $125,000 was used to fund payroll.

Ragtime cafe inc is Existing or more than 2 years old

RAGTIME CAFE INC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RAGTIME CAFE INC

Borrower Address

2080 VALLEYDALE RD

Borrower City

HOOVER

Borrower State

AL

Borrower Zip

35244-2000

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOOVER

Project County Name

SHELBY

Project State

AL

Project Zip

35244-2000

CD

AL-06

Jobs Reported

33

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8600.00

Payroll Proceed

108400.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126138.89

Forgiveness Date

03/09/2021

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