PPP Loan information for The bright star restaurant inc

$420,228

The bright star restaurant inc was initially approved for PPP Loan of amount $420,228, the current approved amount is $420,228. The loan was approved on 04/10/2020 by The First Financial Bank reported 70 jobs and $420,228 was used to fund payroll.

The bright star restaurant inc is Existing or more than 2 years old

THE BRIGHT STAR RESTAURANT INC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THE BRIGHT STAR RESTAURANT INC

Borrower Address

304 19TH ST N

Borrower City

BESSEMER

Borrower State

AL

Borrower Zip

35020-0815

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

420228.07

Current Approval Amount

420228.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3372

Servicing Lender Name

First Financial Bank

Servicing Lender Address

1630 4th Ave North

Servicing Lender City

BESSEMER

Servicing Lender State

AL

Servicing Lender Zip

35020-5711

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BESSEMER

Project County Name

JEFFERSON

Project State

AL

Project Zip

35020-0815

CD

AL-07

Jobs Reported

70

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

28015.21

Payroll Proceed

336182.46

Mortgage Interest Proceed

28015.20

Rent Proceed

28015.20

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

3372

Originating Lender

First Financial Bank

Originating Lender City

BESSEMER

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402080.54

Forgiveness Date

12/21/2020

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