PPP Loan information for Richards restaurant

$49,600

Richards restaurant was initially approved for PPP Loan of amount $49,600, the current approved amount is $49,600. The loan was approved on 05/13/2020 by The Atlantic Regional FCU reported 21 jobs and $49,600 was used to fund payroll.

Richards restaurant is Existing or more than 2 years old

RICHARDS RESTAURANT

Date Approved

05/13/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

RICHARDS RESTAURANT

Borrower Address

115 Maine St

Borrower City

BRUNSWICK

Borrower State

ME

Borrower Zip

04011

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49600.00

Current Approval Amount

49600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

97969

Servicing Lender Name

Atlantic Regional FCU

Servicing Lender Address

55 Cushing St

Servicing Lender City

BRUNSWICK

Servicing Lender State

ME

Servicing Lender Zip

04011-1814

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRUNSWICK

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04011-0001

CD

ME-01

Jobs Reported

21

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49600.00

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

Subchapter S Corporation

Originating Lender Location Id

97969

Originating Lender

Atlantic Regional FCU

Originating Lender City

BRUNSWICK

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50233.25

Forgiveness Date

08/24/2021

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