PPP Loan information for Thai palace restaurant

$50,000

Thai palace restaurant was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 03/10/2021 by The Truist Bank reported 7 jobs and $50,000 was used to fund payroll.

Thai palace restaurant is Existing or more than 2 years old

PPP Loan Search / NC / Chapel Hill / Thai palace restaurant

THAI PALACE RESTAURANT

Date Approved

03/10/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THAI PALACE RESTAURANT

Borrower Address

1206 Raleigh Rd

Borrower City

Chapel Hill

Borrower State

NC

Borrower Zip

27517-4417

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chapel Hill

Project County Name

ORANGE

Project State

NC

Project Zip

27517-4417

CD

NC-04

Jobs Reported

7

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49997.00

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

Sole Proprietorship

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50256.94

Forgiveness Date

09/15/2021

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