PPP Loan information for Sangar restaurants, inc.

$202,500

Sangar restaurants, inc. was initially approved for PPP Loan of amount $202,500, the current approved amount is $202,500. The loan was approved on 04/06/2020 by The The First Bank and Trust Company reported 90 jobs and $202,500 was used to fund payroll.

Sangar restaurants, inc. is Existing or more than 2 years old

SANGAR RESTAURANTS, INC.

Date Approved

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SANGAR RESTAURANTS, INC.

Borrower Address

345 BLUFF CITY HWY

Borrower City

BRISTOL

Borrower State

TN

Borrower Zip

37620-4601

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202500.00

Current Approval Amount

202500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

SULLIVAN

Project State

TN

Project Zip

37620-4601

CD

TN-01

Jobs Reported

90

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

202500.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

204986.25

Forgiveness Date

07/13/2021

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