PPP Loan information for The local 101 restaurant and bar llc

$142,000

The local 101 restaurant and bar llc was initially approved for PPP Loan of amount $142,000, the current approved amount is $142,000. The loan was approved on 01/26/2021 by The United Community Bank reported 25 jobs and $142,000 was used to fund payroll.

The local 101 restaurant and bar llc is Existing or more than 2 years old

THE LOCAL 101 RESTAURANT AND BAR LLC

Date Approved

01/26/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

THE LOCAL 101 RESTAURANT AND BAR LLC

Borrower Address

1243 Palm Ridge Trce

Borrower City

Canton

Borrower State

GA

Borrower Zip

30115-9499

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

142000.00

Current Approval Amount

142000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

CHEROKEE

Project State

GA

Project Zip

30115-9499

CD

GA-11

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

141996.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

142513.53

Forgiveness Date

06/15/2021

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