PPP Loan information for Ratchford restaurant ventures

$102,100

Ratchford restaurant ventures was initially approved for PPP Loan of amount $102,100, the current approved amount is $102,100. The loan was approved on 04/27/2020 by The First Community Bank reported 30 jobs and $102,100 was used to fund payroll.

Ratchford restaurant ventures is Existing or more than 2 years old

PPP Loan Search / NC / Boone / Ratchford restaurant ventures

RATCHFORD RESTAURANT VENTURES

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RATCHFORD RESTAURANT VENTURES

Borrower Address

831 W King St

Borrower City

Boone

Borrower State

NC

Borrower Zip

28607

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102100.00

Current Approval Amount

102100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boone

Project County Name

WATAUGA

Project State

NC

Project Zip

28607-0001

CD

NC-05

Jobs Reported

30

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

5105.00

Payroll Proceed

91890.00

Mortgage Interest Proceed

5105.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103529.40

Forgiveness Date

09/23/2021

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