PPP Loan information for Townhouse ii restaurant inc

$65,120

Townhouse ii restaurant inc was initially approved for PPP Loan of amount $65,120, the current approved amount is $65,120. The loan was approved on 04/28/2020 by The Farmers & Merchants Bank reported 22 jobs and $65,120 was used to fund payroll.

Townhouse ii restaurant inc is New Business or 2 years or less

TOWNHOUSE II RESTAURANT INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TOWNHOUSE II RESTAURANT INC

Borrower Address

1870 S MAIN ST

Borrower City

KANNAPOLIS

Borrower State

NC

Borrower Zip

28081-5947

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65120.00

Current Approval Amount

65120.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KANNAPOLIS

Project County Name

CABARRUS

Project State

NC

Project Zip

28081-5947

CD

NC-12

Jobs Reported

22

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65120.00

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

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66019.02

Forgiveness Date

09/23/2021

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